Crompton Greaves Consumer Electricals Receives Order from Rewari Commission Regarding Product Compensation
Crompton Greaves Consumer Electricals Limited announced on May 24, 2026, that it received a direction from the District Consumer Disputes Redressal Commission, Rewari, Haryana, concerning a consumer complaint filed over a product malfunctioning.The complaint sought compensation from the Commission. Details of the order received indicate that Crompton Greaves Consumer Electricals Limited is required to make two payments: 60% of the product value, amounting to ₹6,600, and a separate payment of ₹11,000 toward compensation.
The order was received on May 23, 2026, following a direction received on May 20, 2026.
The company outlined the material details of the consumer action in the following table:
| Detail | Information |
|---|---|
| Authority | District Consumer Disputes Redressal Commission, Rewari, Haryana |
| Nature of Complaint | Consumer complaint filed seeking compensation with respect to Product not functioning well. |
| Key Action | Payment of 60% of the product value (₹6,600 against a product value of ₹11,000) within 30 days from the date of receipt of the order, along with a payment of ₹11,000 for compensation. |
| Impact on Company | The total quantifiable impact is ₹17,600.00. The company noted that there is no material impact on its financials, operations, or other activities. |
The company remains committed to its operations while fulfilling the required payments to the Commission.
CROMPTON Stock Price Movement
On Friday, Crompton Greaves Consumer Electricals Limited shares edged higher to close at ₹294.75, gaining 0.93% on the session. The stock settled amidst strong investor participation, recording a volume of 2.22 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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