Crompton pays ₹15,000 per consumer commission order

0 min read     Updated on 13 Jun 2026, 08:00 AM
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AI Summary

Crompton Greaves Consumer Electricals Ltd paid ₹15,000 in compensation and litigation expenses following an order from the District Consumer Disputes Redressal Commission, Kalahandi, Bhawanipatna, Odisha. The order, dated June 4, 2026, addressed a consumer complaint regarding a malfunctioning jet pump. The company confirmed the payment has no material impact on its financials or operations.

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Crompton Greaves Consumer Electricals Ltd paid ₹15,000 in compensation and litigation expenses following an order from the District Consumer Disputes Redressal Commission, Kalahandi, Bhawanipatna, Odisha. The order, dated June 4, 2026, directed the company to pay ₹10,000 towards compensation and ₹5,000 towards litigation costs. The company received the order on June 11, 2026. The total financial impact of the order is quantified at ₹15,000, which the company stated has no material impact on its financials, operations, or other activities.

The consumer dispute arose from a complaint regarding a Crompton jet pump that was not functioning properly. The consumer filed a complaint seeking compensation for the product's performance issues. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of the Order

Detail Information
Authority District Consumer Disputes Redressal Commission, Kalahandi, Bhawanipatna, Odisha
Compensation Amount ₹10,000
Litigation Expenses ₹5,000
Total Impact ₹15,000
Date of Order June 4, 2026
Date of Receipt June 11, 2026

Historical Stock Returns for Crompton Greaves

1 Day5 Days1 Month6 Months1 Year5 Years
+4.23%+5.93%-8.63%+9.29%-20.87%-34.84%

Could this ruling set a precedent for future consumer complaints regarding Crompton's product quality?

Will the company implement any changes to its quality assurance processes for jet pumps following this dispute?

Is there a risk of similar litigation costs scaling up if more product performance issues arise?

Crompton pays ₹17,600 in consumer dispute order

1 min read     Updated on 25 May 2026, 04:57 PM
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AI Summary

Crompton Greaves Consumer Electricals Limited received an order from the District Consumer Disputes Redressal Commission, Rewari, on May 23, 2026, regarding a consumer complaint about a malfunctioning product. The commission directed the company to pay ₹6,600 as a refund and ₹11,000 as compensation, totaling ₹17,600, within 30 days. The company confirmed that the financial impact is quantified at ₹17,600 and that there is no material impact on its financials or operations.

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Crompton Greaves Consumer Electricals Limited has intimated the exchanges regarding an order passed by the District Consumer Disputes Redressal Commission, Rewari, Haryana. The order, received on May 23, 2026, directs the company to make payments totaling ₹17,600 concerning a consumer complaint.

The dispute arose from a complaint alleging that a product was not functioning well. As per the order, the company is required to pay 60% of the product value, amounting to ₹6,600, against the original product value of ₹11,000. This payment must be made within 30 days from the date of receipt of the order. Additionally, the company has been directed to pay ₹11,000 towards compensation.

Order Details

The following table outlines the key financial directives issued by the commission:

Description Amount
Product Value ₹11,000
Refund (60% of value) ₹6,600
Compensation ₹11,000
Total Liability ₹17,600

Impact Assessment

In its disclosure, crompton greaves stated that the financial impact of this order is quantified at ₹17,600. The company clarified that there is no material impact on its financials, operations, or other activities as a result of this order. The intimation was made to comply with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Crompton Greaves

1 Day5 Days1 Month6 Months1 Year5 Years
+4.23%+5.93%-8.63%+9.29%-20.87%-34.84%

How many similar consumer complaints has Crompton Greaves faced in the past fiscal year, and what is the cumulative financial exposure from such disputes?

Could a pattern of product quality complaints impact Crompton Greaves' brand reputation and market share in the competitive consumer electricals segment?

Will Crompton Greaves appeal this order or comply within the 30-day window, and what does its typical legal strategy look like for such consumer disputes?

More News on Crompton Greaves

1 Year Returns:-20.87%