Crompton Greaves Consumer Electricals Limited has informed the Exchange about Action(s) initiated or orders passed
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Crompton Greaves Consumer Electricals Limited has disclosed an order passed by the District Consumer Disputes Redressal Commission, Rewari, Haryana. A consumer had filed a complaint claiming that a ceiling fan purchased on May 16, 2022, with a 5-year warranty, started malfunctioning from the time of installation. The Commission ordered the company to replace the defective fan with a new one of the same model within 45 days and pay ₹11,000 as compensation for mental agony and harassment. The order was received on May 6, 2026. The company states this has no material impact on its financials, operations, or other activities.
This is a routine consumer complaint resolution with a negligible financial impact of just ₹11,000. The company has explicitly stated there is no material impact, suggesting minimal implications for shareholders or the stock price.