Crompton Greaves Consumer Electricals Limited has informed the Exchange about Action(s) taken or orders passed

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CROMPTON · price

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Price reactionminutes from the announcement price · days from the prior close

-1.1%Reaction day

₹252.00

prior close

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announcement price

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Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.1%-1.0% vs market

Household Appliances peers, median of 22sector-0.0%-1.0% vs sector

On the reaction day the stock moved 1.0 pts less than Nifty Smallcap 250 and 1.0 pts less than its Household Appliances peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Crompton Greaves Consumer Electricals has received an order from the Deputy Commissioner of GST, Bengaluru, raising a demand of ₹33.58 lakh for the period April 2021 to March 2022. The breakdown is ₹19.47 lakh in tax, ₹12.14 lakh in interest, and ₹1.97 lakh in penalty. The demand relates to alleged excess Input Tax Credit (ITC) claimed in GSTR 3B compared to GSTR 2A and ineligible ITC, under Section 73 of the GST Act, 2017. The company has stated it plans to appeal the order before the Commissioner (Appeals) and expects a favourable outcome based on merits and legal advice. Crompton has clarified that there is no material impact on its financials, operations, or other activities.

Likely market impact

This is a minor tax matter with a relatively small demand (₹33.58 lakh) that the company plans to contest. Shareholders are unlikely to see any meaningful impact on the stock or business, as the company itself has confirmed no material financial or operational effect.