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.

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.

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

Crompton Greaves Consumer Electricals Ltd (CGCEL), a leading player in India's consumer durables sector, has reported its financial results for the second quarter of fiscal year 2026, demonstrating resilience in the face of challenging market conditions.

Financial Performance

For Q2 FY26, CGCEL reported consolidated revenue of ₹1,916.00 crore, marking a modest 1% year-on-year growth. This performance was underpinned by a 3% increase in underlying volume growth, partially offset by pricing adjustments. The company's profitability, however, faced some pressure:

• Adjusted EBITDA stood at ₹158.00 crore with a margin of 8.3%, declining year-on-year.
• Adjusted PAT (excluding restructuring costs) was ₹91.00 crore.

The company attributed the margin contraction to commodity inflation, pricing pressures, continued advertising and promotion investments, and higher operating expenses supporting transformation initiatives.

Segment Performance

Electric Consumer Durables (ECD)

The ECD segment reported revenue of ₹1,371.00 crore, a slight decline of 1.5% year-on-year, primarily due to adverse weather conditions. However, certain categories showed strength:

• Pumps delivered strong growth, particularly in the solar pump segment.
• Small Domestic Appliances (SDA) continued to perform well, driven by new product launches and effective festive campaigns.

Lighting

The lighting segment demonstrated stability with revenue growth of 3.1% year-on-year, reaching ₹261.00 crore. This was supported by robust volume growth in the high-teens, despite industry-wide price erosion.

Butterfly Gandhimathi Appliances Ltd

Butterfly, a subsidiary of CGCEL, reported strong performance with revenue growth of 14% year-on-year, reaching ₹293.00 crore. The growth was accompanied by improved margins, driven by sustained volume growth and new product launches.

Strategic Developments

Crompton Greaves has made significant strides in its solar business:

• Secured aggregate orders of approximately ₹500.00 crore for solar rooftop units.
• These orders cover about 50,000 consumer households and are expected to be executed in the near term.

The company has also undertaken a restructuring of its Vadodara plant operations, transitioning from a lighting facility to a multi-business facility. This resulted in a one-time restructuring cost of ₹20.36 crore.

Management Commentary

Promeet Ghosh, MD & CEO of CGCEL, commented on the results: "Despite a challenging environment, our well-diversified product portfolio remained resilient with strong momentum in pumps, small domestic and kitchen appliances. We believe GST 2.0 will act as a structural catalyst to consumption, with benefits percolating to the durables segment in a phased manner."

Ghosh also highlighted the potential of the solar rooftop business as a new growth engine, backed by the company's proven execution excellence and robust supply chain network.

Looking Ahead

Crompton Greaves remains committed to strengthening its brand, expanding distribution, focusing on innovation, enhancing manufacturing capabilities, and investing in its workforce. These strategic initiatives are aimed at positioning the company to capture future opportunities and sustain long-term growth in the competitive consumer durables market.

As the company navigates through market challenges and capitalizes on emerging opportunities, particularly in the solar segment, investors and industry observers will be keenly watching CGCEL's performance in the coming quarters.