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Crompton Greaves News

24 Jun 2021

CBI books Gautam Thapar, top-brass of Crompton Greaves in Rs 2435 crore case

The allegations were based on a forensic audit report. Searches are being conducted today at the premises of the accused. This is a separate case against Gautam Thapar.

Crompton Greaves

08 Oct 2015

Crompton Greaves sells stake in switchgear JV firm

Avantha Group company Crompton Greaves has informed the Bombay Stock Exchange that it will sell off its stake in CG Lucy Switchgear Ltd to its UK-based partner Lucy & Co Ltd for around Rs 42 crore.

Crompton Greaves

06 Jul 2015

Crompton Greaves appoints Khosla as MD for consumer business

"Shantanu brings with him rich experience of managing consumer business across markets, product categories and functions," Crompton Greaves said in a BSE filing.

Crompton Greaves

30 Apr 2015

Crompton Greaves inks pact with Paraguay's ANDE

"Avantha Group company CG has signed a contract with...(ANDE), national power utility of Paraguay for the design, manufacturing, testing and supply of switchgear equipment," Crompton Greaves said in a BSE filing.

Crompton Greaves Ltd

24 Apr 2015

Crompton Greaves' shares tank 8% on bourses

The deal values CGCEL at an enterprise value of Rs 6,600 crore.

Crompton Greaves Ltd

24 Apr 2015

Crompton Greaves to sell consumer electronics unit for Rs 2,000 crore

Crompton Greaves, a part of the Avantha Group, on Friday said it will sell its consumer electrical business to a consortium led by Advent and Temasek Holdings for Rs 2,000 crore.

Crompton Greaves Ltd

24 Apr 2015

Crompton Greaves plans to sell consumer electrical unit to Advent and Temasek

Crompton Greaves Ltd proposes to divest its entire stake in consumer electricals unit for 20 billion rupees to a special purpose vehicle managed by Advent International Corp and a unit of Singapore`s Temasek Holdings, the company said in a statement on Friday.

Crompton Greaves

17 Mar 2015

Crompton Greaves appoints Neelkant as new EVP & President for industrial biz

CG is mainly into manufacturing of electrical appliances and consumer products. It also has business interests in making of power and distribution transformers as well as reactors.

Crompton Greaves

18 Dec 2014

RBI allows up to 100% FII investment in Crompton Greaves

FIIs held 15.93 percent shares in the company as of quarter ended September 30, 2014.

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