
Crompton Greaves Ordered to Pay Compensation and Litigation Expenses in Consumer Dispute
Crompton Greaves Consumer Electricals Limited has been subject to an order from the District Consumer Disputes Redressal Commission, Kalahandi, Bhawanipatna, Odisha. The decision involves a consumer complaint regarding a product purchased by the complainant.The dispute arose after a consumer filed a complaint alleging that one of Crompton's jet pumps was not functioning properly. Following this action, Crompton Greaves has been directed to make payments totaling ₹15,000.00.
Details of the order and the associated costs are as follows:
| Financial Breakdown | Amount (₹) | Purpose |
|---|---|---|
| Compensation Payment | 10,000/- | Consumer Compensation |
| Litigation Expenses | 5,000/- | Legal Costs |
| Total Amount Paid | 15,000.00 | Total Liability |
The company received the direction or order related to this matter on June 4, 2026, with the final order being received at 11:00 am on June 11, 2026. The complaint pertains to a consumer who alleged that the Crompton jet pump purchased was faulty, leading to the compensation claim.
Despite the financial outlay, the company stated there is no material impact of this incident on its financials or operational activities.
CROMPTON Stock Price Movement
Shares of Crompton Greaves Consumer Electricals Limited are edging higher to ₹254.90 as of 10:53 AM, climbing 0.75% in live trading after seeing strong intraday movement. The stock is currently active, with nearly 1.95 million shares trading in the market session.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.