Crompton Greaves Consumer Electricals Limited has successfully concluded its postal ballot process, announcing the results on March 14, 2026. The company conducted the voting process exclusively through electronic means to seek shareholder approval for the re-appointment of Mr. P R Ramesh as Non-Executive Independent Director.

Postal Ballot Process Details

The postal ballot was conducted in accordance with Section 110 of the Companies Act, 2013, and relevant SEBI regulations. The company appointed Ms. Alifya Sapatwala, Partner at M/s. Mehta & Mehta, Practicing Company Secretaries, as the scrutinizer for the voting process.

Voting Results and Shareholder Participation

The special resolution for Mr. P R Ramesh's re-appointment received strong shareholder support across all categories. The voting was conducted entirely through the e-voting platform, with no physical postal ballot forms distributed in compliance with MCA circulars.

Resolution Outcome

The special resolution was successfully passed with 442171163 votes in favour, representing 90.86% of the total valid votes cast. The resolution received support from 1176 members voting in favour, while 212 members voted against it. No invalid or abstained votes were recorded during the process.

The scrutinizer confirmed that the resolution met the statutory requirements for special resolutions, with votes in favour being more than three times the votes against. Company Secretary Rashmi Khandelwal announced the results and submitted the scrutinizer's report to both BSE and NSE as required under Regulation 44(3) of SEBI Listing Regulations.

Regulatory Compliance

The postal ballot process was conducted in full compliance with applicable regulations, including the Companies Act 2013, SEBI Listing Regulations, and MCA circulars. The scrutinizer's report and detailed voting results have been made available on the company's website at www.crompton.co.in for shareholder reference.

Crompton Greaves Consumer Electricals Limited announced that India Ratings & Research has affirmed the company's credit rating on March 06, 2026. The affirmation was disclosed to the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Credit Rating Details

The rating agency affirmed the company's credit rating for bank loan facilities, maintaining the existing assessment of the company's creditworthiness and financial stability. The company submitted a revised intimation with reference number 169/2025-26 to both stock exchanges.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 read with Para A of Part A of Schedule III and other applicable provisions of the SEBI LODR regulations. The company communicated this development to both BSE Limited and National Stock Exchange of India Limited on the same date. The intimation referenced the previous stock exchange submission with reference number 168/2025-26.

Significance of Rating Affirmation

The IND AA+/Stable/IND A1+ rating affirmation indicates that India Ratings & Research continues to view the company's credit profile favorably. The stable outlook suggests that the rating agency expects the company to maintain its current credit quality over the rating horizon.

Additional Information

The company has made this information accessible on its official website at www.crompton.co.in for stakeholder reference. The disclosure was digitally signed by Rashmi Khandelwal, Company Secretary and Compliance Officer (ACS - 28839), ensuring proper regulatory compliance and transparency.