Greaves Cotton appoints Parag Satpute as MD & Group CEO
Satpute has in the past served as Bridgestone India’s MD
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Published: Jan 28, 2025 12:53 PM | 1 min read
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Greaves Cotton Ltd has appointed Parag Satpute as the Managing Director and Group Chief Executive Officer (CEO). The appointment is effective from April 14, 2025, for a term of five years, according to the company disclosure at BSE. The appointment is subject to shareholder and regulatory approvals.
Satpute will oversee the operations of Greaves Engineering, Greaves Retail, Greaves Finance, Greaves Technologies, and Excel Controlinkage.
Satpute has close to three decades of experience in the industry and has in the past served Bridgestone India’s MD.
Additionally, the company announced the re-designation of Arup Basu as Chief Executive Officer – Greaves Engineering, effective April 14, 2025, following the appointment of Satpute.
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