Greaves Cotton divests entire stake in step-down subsidiary company ‘GFD’

09 Oct 2013 Evaluate

Greaves Cotton for strategic purposes, has divested its entire stake in its step-down subsidiary company, Greaves Farymann Diesel GmbH (GFD), Germany. The stake in GFD was held through the company’s wholly owned subsidiary, Greaves Cotton Netherlands B.V.

Greaves Cotton, a 1,900 crore, a multi-product, multi-location company, is one of the leading engineering companies in India with core competencies in diesel/petrol engines, diesel generators and construction equipments.

Greaves Cotton Share Price

172.55 2.90 (1.71%)
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Company Name CMP
Cummins India 3322.30
Greaves Cotton 172.55
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