Cgcel

Crompton Greaves Consumer Electricals'(CGCEL) erstwhile promoter Avantha Group on Monday said it has transferred all the shares in the company to complete its stake sale to private equity firms Advent International and Temasek.

Crompton Greaves Consumer Electrical Ltd (CGCEL) on Tuesday said HDFC Mutual Fund has trimmed its stake in the company by 2.01 per cent to 7.20 per cent by sales of shares worth 168 crore in the open market.

Crompton Greaves Consumer Electrical Ltd (CGCEL) on Monday said its shareholders have approved raising of up to Rs 700 crore through non-convertible debentures (NCDs).

Crompton Greaves Consumer Electrical Ltd (CGCEL), which has demerged from its parent Crompton Greaves, is focusing on the LED lighting and household appliances segments to drive growth.

Private equity investors Advent International and Temasek on Friday launched Rs 1,695 crore open offer to acquire 26 per cent stake in Crompton Greaves Consumer Electricals (CGCEL) to become majority shareholders.

Crompton Greaves Consumer Electricals'(CGCEL) erstwhile promoter Avantha Group on Monday said it has transferred all the shares in the company to complete its stake sale to private equity firms Advent International and Temasek.

Crompton Greaves Consumer Electrical Ltd (CGCEL) on Tuesday said HDFC Mutual Fund has trimmed its stake in the company by 2.01 per cent to 7.20 per cent by sales of shares worth 168 crore in the open market.

Crompton Greaves Consumer Electrical Ltd (CGCEL) on Monday said its shareholders have approved raising of up to Rs 700 crore through non-convertible debentures (NCDs).

Crompton Greaves Consumer Electrical Ltd (CGCEL), which has demerged from its parent Crompton Greaves, is focusing on the LED lighting and household appliances segments to drive growth.

Private equity investors Advent International and Temasek on Friday launched Rs 1,695 crore open offer to acquire 26 per cent stake in Crompton Greaves Consumer Electricals (CGCEL) to become majority shareholders.