Delhi High Court Issues Interim Injunction Against Crompton Greaves Over Grace Fan Design

Crompton Greaves Consumer Electricals Limited has disclosed, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that the Hon'ble High Court of Delhi has passed an interim injunction order with respect to one model of its Grace fan. The disclosure was made on May 15, 2026, in accordance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026.

Court Order Details

The company received the interim injunction order from the Hon'ble High Court of Delhi on May 14, 2026, at 7:05 PM. The order specifically pertains to one model of the Grace fan. The following table summarises the key details of the disclosed event:

Parameter:	Details
Authority:	Hon'ble High Court of Delhi
Nature of Order:	Interim injunction order
Product Involved:	One model Grace fan
Date & Time of Receipt:	May 14, 2026 at 7:05 PM
Allegation:	Similarity in overall visual appearance and essential design features
Financial/Operational Impact:	No material impact on financials, operations, or other activities

Allegation and Company's Position

The allegation underlying the interim injunction pertains to similarity in the overall visual appearance and essential design features of the concerned Grace fan model. Crompton Greaves Consumer Electricals Limited has stated that there is no material impact on the financials, operations, or other activities of the company as a result of this order. The disclosure was signed by Kaleeswaran Arunachalam, Chief Financial Officer of the company, on May 15, 2026.

Regulatory Disclosure

The intimation was filed with both BSE Limited and the National Stock Exchange of India Limited under reference number 23/2026-27, in compliance with Para A of Part A of Schedule III of the SEBI LODR Regulations. The company has requested both exchanges to take the above information on record.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.99%	+2.01%	+13.96%	+10.25%	-15.56%	-24.12%

Crompton Greaves Consumer Electricals had drawn significant corporate attention following reports of a majority stake acquisition race, with Aditya Birla Group named among the contenders. However, in a latest development, the Aditya Birla Group has categorically denied the report, stating that the information referenced in the query is inaccurate, according to CNBC-TV18.

Denial of Acquisition Report

The Aditya Birla Group has formally refuted its reported involvement in any bid to acquire a majority stake in Crompton Consumer. The group described the information as inaccurate and issued a categorical denial in response to the earlier CNBC-TV18 report that had placed it among multiple parties allegedly in the running for the acquisition.

Parameter:	Details
Target Company:	Crompton Consumer
Reported Bidder:	Aditya Birla Group (among others)
Stake Type:	Majority Stake
AB Group Response:	Categorically denied; information termed inaccurate
Source:	CNBC-TV18

Key Highlights

Aditya Birla Group has categorically denied being part of any race to acquire a majority stake in Crompton Consumer.
The group stated that the information referenced in the earlier report is inaccurate.
The denial was reported by CNBC-TV18.
No financial terms, deal size, or other bidder details have been confirmed.

With the Aditya Birla Group's categorical denial, the earlier reports of a competitive acquisition process for Crompton Consumer remain unconfirmed. No further details regarding other potential bidders or the status of any acquisition process have been made available.