Crompton Greaves Consumer Electricals Limited (CGCEL) has announced the results of its recent postal ballot, revealing strong shareholder support for the appointment of Mr. Sundaram Damodarannair as a Non-Executive Non-Independent Director.

Voting Results

The postal ballot, which concluded on October 19, 2025, saw significant participation from shareholders. Here's a breakdown of the voting results:

Key Highlights

• The resolution to appoint Mr. Sundaram Damodarannair (DIN: 00016304) as a Non-Executive Non-Independent Director was passed as an Ordinary Resolution.
• Out of the total 643,852,913 shares, 502,341,443 votes were polled, representing 78.02% of the outstanding shares.
• An overwhelming majority of 97.79% of the votes cast were in favor of the appointment, with only 2.21% against.
• The voting period ran from September 20, 2025, to October 19, 2025.
• Ms. Alifya Sapatwala (ACS-24091), Partner at M/s. Mehta & Mehta, Practicing Company Secretaries, served as the scrutinizer for the postal ballot process.

Compliance and Transparency

Crompton Greaves Consumer Electricals has complied with the regulatory requirements by submitting the voting results to the stock exchanges in accordance with Regulation 44(3) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The company has also made the Scrutinizer's report available on its website, www.crompton.co.in , ensuring transparency in the voting process.

The appointment of Mr. Sundaram Damodarannair as a Non-Executive Non-Independent Director marks a significant development in CGCEL's board composition. With strong shareholder support, this appointment may bring new perspectives to the company's leadership team.

Crompton Greaves Consumer Electricals Limited has announced a significant milestone in its foray into the solar energy sector. The company has secured an order worth ₹515.90 million (₹51.59 crore) for supplying solar rooftop equipment in Telangana, marking its first major contract in this business segment.

Order Details

The order, received from a domestic entity in Telangana, encompasses a comprehensive solar rooftop solution. Here's a breakdown of the key components included in the order:

Strategic Significance

This contract holds particular importance for Crompton Greaves for several reasons:

1. New Business Venture: It represents the company's first order in the solar rooftop business, a segment they recently entered.
2. Quick Success: The company achieved this milestone in a remarkably short span after announcing its entry into the solar rooftop market.
3. Market Expansion: This order signifies Crompton Greaves' successful diversification into the renewable energy sector, potentially opening up new growth avenues.

Financial Impact

The total value of the order stands at approximately ₹515.90 million (₹51.59 crore), exclusive of GST. This substantial order is expected to positively impact the company's revenue and potentially boost investor confidence in its new business direction.

Market Implications

This development could have several implications for Crompton Greaves and the broader market:

1. It demonstrates the company's ability to compete effectively in the growing solar energy market.
2. The order may serve as a springboard for Crompton Greaves to secure more contracts in the renewable energy sector.
3. It aligns with India's push towards increasing adoption of renewable energy sources, particularly in residential areas.

As Crompton Greaves ventures into this new territory, market observers will be keen to see how this diversification strategy unfolds and its impact on the company's overall performance in the coming quarters.