Crompton Greaves ordered to pay ₹10,300 in consumer dispute

1 min read     Updated on 15 Jul 2026, 07:45 PM
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Reviewed by
Shriram SScanX News Team
AI Summary

Crompton Greaves Consumer Electricals Limited was ordered by the District Consumer Disputes Redressal Commission, Rohtak, to replace a 1.5 H.P. motor and pay ₹10,300 in compensation and litigation costs. The order, dated May 29, 2026, was received on July 14, 2026. The company stated the financial impact is ₹10,300.

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Crompton Greaves Consumer Electricals Limited has been directed by the District Consumer Disputes Redressal Commission, Rohtak, Haryana, to replace a defective motor and pay ₹10,300 in compensation and litigation charges. The order follows a consumer complaint regarding a 1.5 H.P. motor sold under the Crompton brand that was reported to be non-functional. The financial impact of this order is quantified at ₹10,300.

The order was passed on May 29, 2026, and was formally received by the company on July 14, 2026, at 7:59 pm. The disclosure was made to the exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of the Order

The Commission's directive requires the company to undertake specific actions to resolve the dispute. The consumer had alleged that the purchased motor was not functioning as expected.

Action Required Details
Product Replacement Replace Crompton 1.5 H.P Motor
Compensation ₹5,000
Litigation Charges ₹5,000
Weekly Penalty ₹100 per week from June 29, 2026 till realization

The total quantifiable monetary impact arising from these directions is ₹10,300, excluding the potential weekly penalty until realization. The filing was signed by Kaleeswaran Arunachalam, Chief Financial Officer.

Historical Stock Returns for Crompton Greaves

1 Day5 Days1 Month6 Months1 Year5 Years
-0.56%-3.33%-2.44%+1.90%-23.36%-43.61%

Could this order set a precedent for similar consumer disputes involving Crompton products?

Will Crompton review its quality control processes for motors to prevent future complaints?

How might this case influence the company's approach to handling consumer grievances going forward?

Crompton Greaves Records Rs 27.21 Crore Block Trade on BSE at Rs 259.85 Per Share

0 min read     Updated on 14 Jul 2026, 12:01 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

A block trade of approximately 1047001 shares of Crompton Greaves was executed on BSE at Rs 259.85 per share. The total deal value of the transaction amounted to Rs 27.21 crore. Such large block trades are typically conducted between institutional participants and are executed outside the regular market order book.

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A notable block trade involving crompton greaves was recorded on the Bombay Stock Exchange (BSE), drawing attention from market participants. The transaction was executed at a price of Rs 259.85 per share, with approximately 1047001 shares changing hands in the deal.

Block Trade Details

The following table summarizes the key parameters of the block trade:

Parameter: Details
Exchange: BSE
Number of Shares: ~1047001
Trade Price: Rs 259.85 per share
Total Deal Value: Rs 27.21 crore

Block trades of this scale are typically executed between large institutional participants outside the open market order book, allowing sizeable positions to be transferred without significantly impacting the prevailing market price. The transaction in Crompton Greaves reflects notable activity in the counter on the BSE.

Historical Stock Returns for Crompton Greaves

1 Day5 Days1 Month6 Months1 Year5 Years
-0.56%-3.33%-2.44%+1.90%-23.36%-43.61%

What might this block trade indicate about the future institutional sentiment towards Crompton Greaves?

Could this large transaction signal a potential shift in the company's shareholder structure?

How might the market react to this trade in the coming sessions?

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