Crompton Greaves Consumer Electricals is planning to raise funds by way of issuance of securities including but not limited to secured/unsecured, rated, listed, redeemable Non-Convertible Debentures under Private Placement basis up to Rs 300 crore within the borrowing limits of the company as approved by the shareholders. The meeting of the Board of Directors of the company is scheduled on May 7, 2020, to consider and approve the same.
Crompton Greaves Consumer Electricals manufactures and markets a wide spectrum of consumer products ranging from fans, light sources and luminaires, pumps and household appliances, such as geysers, mixer grinders, toasters and irons.
