FilingReader Intelligence
Crompton Greaves achieves zero debt with Rs2,125cr repayment
July 23, 2025 at 04:19 AM UTC•By FilingReader AI
Crompton Greaves Consumer Electricals has fully repaid its Non-Convertible Debentures totaling Rs2,125 crores, originally undertaken for the acquisition of Butterfly Gandhimathi Appliances. The final tranche of Rs300 crores was repaid on July 22, 2025.
The repayment transitions the company to a zero-debt and net cash positive position, allowing it to reallocate resources towards future growth initiatives and enhanced shareholder returns.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
BSE:CROMPTON•Bombay Stock Exchange
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