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Crompton Greaves Consumer gets nod to raise Rs 600 crore via NCDs

16 Jul 2022 Evaluate

Crompton Greaves Consumer Electricals has received approval to raise Rs 600 crore through secured, rated, listed, redeemable, Non- Convertible Debenture (NCDs) on Private Placement basis. The board of directors at its meeting held on July 15, 2022 has 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.

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