CORPORATE ANNOUNCEMENT

• May 11, 2012
  The Board of Directors of the Company have recommended a final dividend of Re. 0.20 per Equity Share of Rs. 2/- each for the financial year 2011-12. The Register of Members & Share Transfer Books of the Company will remain closed from Monday, July 23, 2012 to Monday, July 30, 2012 (both days inclusive). The said divided will be paid on August 10, 2012 upon approval by the Shareholders at the AGM of the Company to be held on July 30, 2012.
• March 30, 2012
  The Board of Directors of the Company have declared Special Interim dividend of Rs. 0.80 per Equity Share of Rs. 2/- each for the financial year 2011-12. The record date for the payment of this dividend is fixed as April 13, 2012. The said dividend will be paid on April 19, 2012.
• February 09, 2012
  The Company has sold its land situated at Old Mahabalipuram Road (Rajiv Salai), Chennai, for a consideration of Rs. 80 crores.
• January 24, 2012
  The Board of Directors of the Company have declared third interim dividend of Rs. 0.40 per Equity Share of Rs. 2/- each for the financial year 2011-12. The record date for the payment of this dividend is fixed as February 6, 2012. The said dividend will be paid on February 15, 2012.
• October 21, 2011
  The Board of Directors of the Company have declared second interim dividend of Rs. 0.40 per Equity Share of Rs. 2/- each for the financial year 2011-12. The record date for payment of this dividend is fixed as November 4, 2011. The said dividend will be paid on November 17, 2011.
  Mr. Prabhaker Dev, Managing Director & CEO of the Company retired and in his place Mr. Sunil Pahilajani is appointed as Managing Director & CEO with effect from November 5, 2011.
• August 24, 2011
  The Board of Directors of the Company have declared first interim dividend of Rs. 0.40 per Equity Share of Rs. 2/- each for the financial year 2011-12. The record date for the payment of this dividend is fixed as September 6, 2011. The said dividend will be paid on September 13, 2011.
• April 29, 2011
  The Board of Directors of the Company have declared final dividend of Rs. 0.70 per Equity Share of Rs. 2/- each for the financial year 2010-11. The book closure for payment of this dividend is fixed from July 26, 2011 to July 27, 2011 (inclusive). The said dividend is approved by the Shareholders at the AGM held on July 27, 2011 and will be paid on August 10, 2011.
• February 2, 2011
  The Company has entered into a Long term supply Agreement with Mahindra and Mahindra Limited (M&M) for supply of single cylinder engines for their three wheeled vehicles. Pursuant to this agreement, Greaves became the single source supplier for 100% needs of M&M's three wheeled vehicles.
• January 21, 2011
  The Board of Directors of the Company have declared second interim dividend of Rs. 0.40 per Equity Share of Rs. 2/- each for the financial year 2010-11. The record date for payment of this dividend is fixed as February 7, 2011. The said dividend will be paid on February 15, 2011.