Crompton Greaves Receives CRISIL AA+/Stable Rating for Rs. 1,950 Crore Bank Facilities

1 min read     Updated on 27 Jan 2026, 08:10 PM
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Riya DScanX News Team
Overview

Crompton Greaves Consumer Electricals Limited received updated credit ratings from CRISIL on January 27, 2026, with AA+/Stable rating assigned to Rs. 975 crore long-term bank facilities and A1+ rating to Rs. 975 crore short-term bank facilities. CRISIL withdrew its AA+/Stable rating for Rs. 300 crore Non-Convertible Debentures following their complete redemption on July 22, 2025.

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Crompton Greaves Consumer Electricals Limited has received updated credit ratings from CRISIL Ratings Limited, with the rating agency assigning favorable ratings to the company's bank loan facilities while withdrawing ratings for fully redeemed debentures.

Credit Rating Details

CRISIL assigned new ratings to Crompton Greaves' banking facilities on January 27, 2026. The rating agency provided CRISIL AA+/Stable rating for long-term bank loan facilities worth Rs. 975 crore and CRISIL A1+ rating for short-term bank loan facilities of Rs. 975 crore.

Rating Type Amount Rating Status
Long Term Bank Loan Facilities Rs. 975 crore CRISIL AA+/Stable Assigned
Short Term Bank Loan Facilities Rs. 975 crore CRISIL A1+ Assigned
Non-Convertible Debentures Rs. 300 crore CRISIL AA+/Stable Withdrawn

Debenture Rating Withdrawal

CRISIL withdrew its CRISIL AA+/Stable rating for Rs. 300 crore Non-Convertible Debentures. This withdrawal follows the complete redemption of these debentures on July 22, 2025. The rating withdrawal is a standard procedure when the underlying financial instrument no longer exists.

Regulatory Compliance

The company disclosed this credit rating update to both BSE and NSE under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Rashmi Khandelwal signed the disclosure document, ensuring compliance with regulatory requirements.

Market Information

Crompton Greaves Consumer Electricals Limited trades on BSE with scrip code 539876 and on NSE with symbol CROMPTON. The company's ISIN is INE299U01018. Additional information regarding this disclosure is available on the company's website at www.crompton.co.in .

Historical Stock Returns for Crompton Greaves

1 Day5 Days1 Month6 Months1 Year5 Years
-0.22%+0.05%-9.56%-29.82%-39.08%-45.87%

Crompton Greaves Launches Tablight 200W LED Flood Lights for Domestic Market

1 min read     Updated on 23 Jan 2026, 06:34 PM
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Reviewed by
Jubin VScanX News Team
Overview

Crompton Greaves Consumer Electricals Limited launched Tablight 200W LED Flood Lights on January 23, 2026, for the domestic B2C lighting market. The disclosure was made under SEBI regulations as part of good corporate governance practices, despite not meeting materiality thresholds. The product strengthens the company's LED lighting portfolio and targets domestic market requirements.

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Crompton greaves Consumer Electricals Limited has announced the launch of its new Tablight 200W LED Flood Lights, marking another addition to its expanding LED lighting portfolio. The product launch was disclosed to stock exchanges on January 23, 2026, under regulatory compliance requirements.

Product Launch Details

The company formally launched the Tablight 200W LED Flood Lights on January 23, 2026, targeting the domestic B2C lighting market. The product launch details are outlined below:

Parameter: Details
Product Name: Tablight 200W LED Flood Lights
Launch Date: January 23, 2026
Product Category: B2C Lighting
Market Focus: Domestic
International Markets: Not Applicable

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company filed the information under reference number 147/2025-26 with both BSE Limited and National Stock Exchange of India Limited.

Crompton Greaves Consumer Electricals Limited noted that while the product launch did not trigger the threshold of materiality, the disclosure was made as a measure of adopting good corporate governance practices. This approach demonstrates the company's commitment to transparency and stakeholder communication.

Market Positioning

The Tablight 200W LED Flood Lights are positioned in the B2C lighting segment, catering specifically to domestic market requirements. The product launch aligns with the company's strategy to strengthen its presence in the LED lighting category, which continues to see growing demand in the Indian market.

The 200W specification indicates the product is designed for high-intensity lighting applications, suitable for both residential and commercial outdoor lighting requirements. By focusing on the domestic market, the company is leveraging its established distribution network and brand recognition in India.

Historical Stock Returns for Crompton Greaves

1 Day5 Days1 Month6 Months1 Year5 Years
-0.22%+0.05%-9.56%-29.82%-39.08%-45.87%

More News on Crompton Greaves

1 Year Returns:-39.08%