Crompton Greaves Consumer Electricals Limited has informed stock exchanges about receiving a GST demand order worth ₹33.58 lakhs from tax authorities in Bengaluru. The company disclosed this development under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements on December 31, 2025.

GST Demand Order Details

The Deputy Commissioner, Bengaluru, Karnataka issued the demand order covering the assessment period from April 2021 to March 2022. The total demand amount breaks down into multiple components as detailed below:

Nature of Alleged Violations

The GST authorities have raised the demand on account of alleged discrepancies in Input Tax Credit (ITC) claims. Specifically, the order addresses excess ITC claimed in GSTR 3B returns compared to GSTR 2A, along with ineligible ITC claimed during the specified assessment period. The company received the order on December 31, 2025, at 10:49 AM.

Company's Response Strategy

Crompton Greaves Consumer Electricals has outlined its plan to challenge the demand order through proper legal channels. Based on the merits of the matter, prevailing law, and advice from consultants, the company intends to file an appeal before the Commissioner (Appeals). The management has expressed reasonable expectations of receiving favorable orders from the appellate authorities.

Financial Impact Assessment

The company has clarified that despite the potential impact of ₹33.58 lakhs, there is no material impact expected on the company's financials, operations, or other business activities. This assessment suggests the company views the demand as manageable within its current financial framework while pursuing the appeal process.

Regulatory Compliance

The disclosure was made in compliance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, ensuring transparency with stakeholders regarding regulatory developments that could potentially affect the company's operations.

Crompton Greaves Consumer Electricals Limited has officially launched its Star Lord Pro Panels, following the company's regulatory disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The product launch was completed on December 29, 2025, as scheduled.

Official Product Launch Details

The company filed its disclosure on December 30, 2025, confirming the successful launch of the Star Lord Pro Panels. The following table presents the official launch parameters:

Regulatory Compliance

Crompton Greaves Consumer Electricals disclosed the product launch to both BSE (Scrip Code: 539876) and NSE (Symbol: CROMPTON) under reference number 139/2025-26. The company noted that while the product launch did not trigger materiality thresholds, the disclosure was made as part of good corporate governance practices.

Market Strategy and Positioning

The Star Lord Pro Panels represent the company's continued expansion in the domestic B2C lighting segment. The 15W panels are designed specifically for residential applications, targeting consumers seeking efficient lighting solutions. This launch strengthens Crompton Greaves Consumer Electricals' position in the consumer electricals market.

Corporate Information

The disclosure was signed by Company Secretary & Compliance Officer Rashmi Khandelwal (ACS – 28839) from the company's registered office at Godrej Business District, Mumbai. The official launch marks another milestone in the company's product portfolio expansion strategy.