SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Crompton Greaves Consumer Electricals informs about outcome of board meeting

23 Feb 2022 Evaluate

Pursuant to Regulation 30 of the SEBI Listing Regulations, we wish to inform that on February 22, 2022, Crompton Greaves Consumer Electricals has informed that the Board of Directors of Crompton the Company considered and approved, to enter into two separate agreements to acquire 9.12 acres of land from LLM Appliances for a consideration of INR 63.00cr and 3.37 acres of land from V. M. Balasubramaniam for a consideration of INR 22.00cr, located at Plot No. 143, Pudupakkam village, Vandalur Kelambakkam Road, Kelambakkam, Chengalpettu, Tamil Nadu - 603103 (‘Land Parcels’), respectively. The consideration for each of the Land Parcels has been determined taking into account valuation reports dated February 18, 2022 issued by K. V. Venugopal, Registered Valuer. The said Land Parcels are located adjacent to the registered office of Butterfly Gandhimathi Appliances (‘Butterfly’). The information required pursuant to Regulation 30 of the SEBI Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9 September 2015 is enclosed as Annexure 1.

The above information is a part of company’s filings submitted to BSE.

Crompt.Greaves Cons. Share Price

293.35 2.70 (0.93%)
08-May-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×