Crompton Greaves Consumer Electricals has received an approval to raise long term funds by way of issuance of secured, rated, listed, redeemable non-convertible debentures (NCDs) on private placement basis up to Rs 925 crore, subject to the borrowing limits of the Company as approved by the shareholders. The Board at its meeting held on June 13, 2022 has considered and approved 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.
