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Greaves Cotton: Information Received From Promoter And Its Subsidiary

We would like to inform you that the Company has received communication dated 18th May 2022 from the Promoter of the Company namely M/s Karun Carpets Private Limited ["KCPL"] and its wholly owned subsidiary M/s DBH Holdings (India) Private Limited [DHPL] wherein they have intimated that they are considering a Scheme of Amalgamation ["Scheme"] pursuant to which KCPL [Transferor Company] will amalgamate into DHPL [Transferee Company] subject to receipt of necessary approvals from applicable regulatory authorities including but not limited to National Company Law Tribunal in accordance with the provisions of the Companies Act 2013.The letters received from KCPL and DHPL are enclosed herewith. You are requested to kindly take the above information on your records.

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