Crompton Greaves Secures ₹287.18 Crore Solar Water Pumping Systems Contract from MSEDCL

1 min read     Updated on 11 Dec 2025, 07:15 PM
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Overview

Crompton Greaves Consumer Electricals Limited has secured a ₹287.18 crore contract from MSEDCL for 1,214 solar water pumping systems under the PM-KUSUM scheme across Maharashtra. The EPC project involves complete design, manufacture, supply, installation, testing and commissioning of solar water pumping systems with PV modules, to be executed within 60 days of receiving the Notice to Proceed.

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Crompton Greaves Consumer Electricals Limited has announced securing a major contract from Maharashtra State Electricity Distribution Company Limited (MSEDCL) worth ₹287.18 crores for solar water pumping systems. The order was disclosed on December 11, 2025, in compliance with SEBI listing regulations.

Contract Details and Scope

The comprehensive EPC (Engineering, Procurement, and Construction) contract encompasses the design, manufacture, supply, installation, testing, and commissioning of Solar Water Pumping Systems (SWPS) with photovoltaic modules. The project falls under the MTSKPY/PM-KUSUM scheme and will be implemented across various locations throughout Maharashtra state.

Parameter: Details
Order Value: ₹287.18 crores (excluding GST)
Number of Systems: 1,214 Solar Water Pumping Systems
Client: Maharashtra State Electricity Distribution Company Limited
Scheme: MTSKPY/PM-KUSUM
Coverage Area: Various locations across Maharashtra

Project Timeline and Execution

The contract stipulates completion within 60 days from the date of issue of Notice to Proceed (NTP) or work order. This tight timeline reflects the urgency of the renewable energy initiative and demonstrates the company's capability to handle large-scale solar infrastructure projects efficiently.

Regulatory Compliance and Transparency

The order disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that this is a domestic contract with no promoter or group company interests involved, and it does not constitute a related party transaction.

Compliance Aspect: Status
Entity Type: Domestic
Promoter Interest: No
Related Party Transaction: No
Execution Timeline: Within 60 days from NTP

Strategic Significance

This substantial order reinforces Crompton Greaves' position in the renewable energy sector, particularly in solar water pumping solutions. The PM-KUSUM scheme is a central government initiative aimed at providing energy security to farmers while contributing to India's renewable energy targets. The contract demonstrates the company's technical capabilities in solar technology integration and its ability to secure significant government contracts in the clean energy space.

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Crompton Greaves Opens Special Window for Physical Share Transfer Re-lodgement Till January 2026

1 min read     Updated on 11 Dec 2025, 03:34 PM
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Reviewed by
Naman SScanX News Team
Overview

Crompton Greaves Consumer Electricals has opened a special 6-month window from July 7, 2025 to January 6, 2026 for re-lodgement of physical share transfer requests following SEBI guidelines. The facility covers transfer deeds lodged prior to April 1, 2019 that were rejected or returned due to documentation issues, with shares to be issued only in dematerialized mode.

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*this image is generated using AI for illustrative purposes only.

Crompton Greaves Consumer Electricals Limited has announced the opening of a special window for shareholders to re-lodge physical share transfer requests that were previously rejected or returned due to documentation issues. This initiative follows the Securities and Exchange Board of India (SEBI) circular dated July 2, 2025.

Special Window Details

The company has opened a special window for a period of six months, running from July 7, 2025 till January 6, 2026. This facility is designed to help shareholders who had their transfer deeds rejected, returned, or not attended to due to deficiencies in documents or processes.

Parameter Details
Window Period July 7, 2025 to January 6, 2026
Duration 6 months
Applicable Transfers Deeds lodged prior to April 1, 2019
Share Mode Dematerialized mode only

Regulatory Compliance

The special window has been established in accordance with SEBI circular no. SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/97 dated July 2, 2025. During this period, securities can be re-lodged for transfer with the company, and shares that are re-lodged for transfer-cum-dematerialization shall be issued only in demat mode.

Public Notice and Communication

Crompton Greaves has published details of the special window opening in all editions of daily newspapers Financial Express (English) and Loksatta (Marathi) on December 11, 2025. The company has also disclosed the relevant information on its website at https://www.crompton.co.in/pages/investors-relations , with provisions for further updates as needed.

Process for Shareholders

Shareholders wishing to avail this opportunity are requested to re-lodge their transfer requests for physical shares within the specified timeline through the company's Registrar and Share Transfer Agents (RTA), KFin Technologies Limited. The contact details for the RTA include the email address einwards@kfintech.com and contact number 1800-303-2001.

Contact Information Details
RTA KFin Technologies Limited
Email einwards@kfintech.com
Phone 1800-303-2001
Address Selenium Tower B, Plot 31-32, Financial District, Nanakramguda, Serilingampally Mandal, Hyderabad-500032

The company has encouraged relevant shareholders to take advantage of this one-time window opportunity to complete their pending share transfer processes.

Historical Stock Returns for Crompton Greaves

1 Day5 Days1 Month6 Months1 Year5 Years
+1.03%-2.31%-9.67%-26.08%-37.43%-21.72%
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