: Greaves Cotton Ltd, a diversified engineering firm, has announced the appointment of Parag Satpute as its new Managing Director and Group Chief Executive Officer. Satpute, who brings nearly 30 years of experience in the mobility and manufacturing sectors, succeeds Arup Basu, who will step down on May 9, 2025. In his new role, Satpute will lead the company’s strategy and operations across multiple business divisions, including Greaves Engineering, Greaves Retail, Greaves Technologies, and Excel Controlinkage Pvt Ltd.