Crompton Greaves Consumer Electricals Limited has scheduled its 12th Annual General Meeting (AGM) for Friday, August 07, 2026, at 3:30 p.m. IST via Video Conferencing (VC) and Other Audio-Visual Means (OAVM). The meeting will be conducted in compliance with the Ministry of Corporate Affairs and SEBI regulations. The Board of Directors has recommended a dividend of ₹3 per equity share for the financial year ended March 31, 2026, subject to shareholder approval. The dividend record date is fixed as Friday, July 24, 2026.

Key AGM Details

The following table outlines the important dates and logistics for the meeting:

Business Agenda

The AGM will transact ordinary and special business. Ordinary business includes the adoption of audited standalone and consolidated financial statements for FY 2025-26, the declaration of the ₹3 dividend, and the re-appointment of Mr. Promeet Ghosh, Managing Director & CEO, as a Director liable to retire by rotation. Special business encompasses the re-appointment of M/s. M S K A & Associates LLP as Statutory Auditors for a term of five years and the ratification of remuneration for Cost Auditors M/s. Ashwin Solanki & Associates for FY 2026-27.

Financial Highlights

For the financial year ended March 31, 2026, the company reported a consolidated loss after tax of ₹230.76 Crore, compared to a profit of ₹564.08 Crore in the previous year. This loss was primarily driven by exceptional items totalling ₹756.44 Crore, which included an impairment charge of ₹716.04 Crore on the investment in material subsidiary Butterfly Gandhimathi Appliances Limited. Consolidated revenue from operations rose to ₹8,095.52 Crore from ₹7,864.08 Crore in FY 2024-25.

Crompton Greaves Consumer Electricals Ltd has secured an additional order worth ₹64.99 crore from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the supply of 3,000 solar water pumping systems. This allocation follows a previous Letter of Empanelment and Rate Contract received on July 2, 2026, reinforcing the company's presence in Maharashtra's renewable energy infrastructure under the MTSKPY/PM-KUSUM-B scheme. The contract scope encompasses design, manufacture, supply, transport, installation, testing, and commissioning of Off-grid DC Solar Photovoltaic Water Pumping Systems (SPWPS), including a five-year warranty and remote monitoring system.

Order Details and Execution Timeline

The order is domestic in nature and must be executed within 60 days from the date of the issue of the Notice to Proceed (NTP) or the work order. The total value of ₹64.99 crore excludes GST. Kaleeswaran Arunachalam, Chief Financial Officer, confirmed that neither the promoter, promoter group, nor group companies hold any interest in MSEDCL, and the transaction does not qualify as a related party transaction.

Key Contract Parameters