Crompton Greaves faces consumer forum order over faulty pump, pays Rs 12,620

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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

₹254.30

prior close

₹255.00

announcement price

After-mkt

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Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.5%-0.7% vs market

Household Appliances peers, median of 22sector-0.3%-0.8% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Smallcap 250 and 0.8 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.

Minutes after the announcementfrom the announcement price · no benchmark

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Reaction day

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Next day

-4.4-1.6-2.8-1.4-3.0

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15d

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UpDownMarket · Nifty Smallcap 250Sector · Household Appliances peers, median of 22Pending

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

AI summary

The District Consumer Disputes Redressal Commission in Saharsa, Bihar ordered Crompton Greaves to pay about Rs 12,620 (Rs 7,620 compensation plus Rs 5,000 for mental agony) after a consumer complained a Crompton Mini Master Plus I pump was defective. The order was issued on 14 October 2025 and received by the company on 13 January 2026. The company states there is no material impact on its finances, operations, or other activities.

Likely market impact

Negligible financial impact of about Rs 12,620. No material effect on operations or share price expected.