Intimation under SEBI (LODR) Regulations, 2015 - Intimation of order passed
CROMPTON · price
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Crompton Greaves Consumer Electricals has disclosed an order passed by the District Consumer Disputes Redressal Commission, Rewari, Haryana. The consumer commission ordered the company to replace a defective ceiling fan purchased on 16.05.2022 with a new one within 45 days, and pay ₹11,000 as compensation for mental agony and harassment. The order was received by the company on 06.05.2026. The complaint was filed by a consumer who claimed the fan started malfunctioning from the time of installation despite having a 5-year warranty. The company has stated there is no material impact on its financials, operations, or other activities.
This is a routine consumer complaint resolution with negligible financial impact of ₹11,000. The disclosure is made under SEBI's material events requirement, but it does not indicate any systemic product quality issues or material legal liability that would affect the stock price.