Greaves Electric Mobility’s Rs 530 crore rights issue offer gets fully subscribed

Greaves Electric Mobility's Rs 530 crore rights issue was fully subscribed by existing shareholders, reinforcing confidence in the EV maker's growth strategy. The company will use the funds to expand its product pipeline and technology capabilities while deferring its proposed IPO until market conditions and regulatory approvals become more favourable.

Raccontata daeconomictimes.indiatimes.com