NSEAction(s) taken or orders passed23 Jul 2026 · 23 Jul 2026, 06:05 pm
Action(s) taken or orders passed
Crompton Greaves Consumer Electricals Limited · CROMPTON
✦ AI SummaryRegulatory
Crompton Greaves Consumer Electricals Limited has informed the Exchange about the receipt of an order from the Joint Commissioner of State Tax (Appeal–IV) partially allowing the demand order passed by the Deputy Commissioner for the financial year 2019-20. The company plans to appeal against this order and reasonably expects a favourable order from the appellate authorities.
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Crompton Greaves Consumer Electricals Limited has informed the Exchange about Action(s) taken or orders passed
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Crompton Greaves Consumer Electricals Limited
Registered & Corporate Office:
05GBD, Godrej Business District, Pirojshanagar,
Vikhroli (West), Mumbai 400079. India
Tel: +91 7304575254
W: www.crompton.co.in CIN: L31900MH2015PLC262254
Email: crompton.investorrelations@crompton.co.in
Date: July 23, 2026
To, To,
BSE Limited (“BSE”), National Stock Exchange of India Limited
Corporate Relationship Department, (“NSE”),
2nd Floor, New Trading Ring, “Exchange Plaza”, 5th Floor,
P.J. Towers, Dalal Street, Plot No. C/1, G Block,
Mumbai – 400 001. Bandra- Kurla Complex Bandra (East),
Mumbai – 400 051.
BSE Scrip Code: 539876 NSE Symbol: CROMPTON
ISIN: INE299U01018 ISIN: INE299U01018
Our Reference: 65/2026-27 Our Reference: 65/2026-27
Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (‘SEBI Listing Regulations’)
Ref: Intimation filed vide reference no. 125/2024-25 dated August 29, 2024.
This is in connection with our previous intimation dated August 29, 2024. We had intimated the
exchange regarding the receipt of order under section 73 of the SGST Act, 2017 raising demand pursuant
to the assessment order passed by the Deputy Commissioner of State Tax, Bandra West 502, Nodal
Division – 6, Mumbai, Maharashtra dated August 28, 2024, for the year 2019-20.
We had also intimated that the Company will be filing an appeal against the said order before The
Commissioner (Appeals). In connection with the same, we have now received the order from the Joint
Commissioner of State Tax (Appeal–IV) partially allowing the demand order passed by the Deputy
Commissioner. Based on the merits of the matter, prevailing law and the advice of the consultant, the
Company is planning to appeal against this order in line with the provision of Section 112 of SGST Act,
2017 and reasonably expect favourable order from the appellate authorities.
Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the Securities and Exchange Board
of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, (SEBI LODR) details as
required under Regulation 30 of the SEBI LODR read with SEBI Master Circular No.
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are disclosed as under:
Sr. Details of Events that need to be Information of such events(s)
No. provided
a. Name of the authority; Joint Commissioner of State Tax (Appeal–IV), Mumbai.
b. Nature and details of the action(s) taken The Joint Commissioner Appeal has partially allowed
initiated, or order(s) passed; the order passed by the Deputy Commissioner for the
financial year 2019-20.
c. Date of receipt of direction or order, July 23, 2026 at 2:28 PM
including any ad interim or
interim orders, or any other
communication from the authority;
d. Details of the violation(s)/ Demand has been raised on account of disallowance of
contravention(s) committed or alleged Input Tax Credit due to mismatch with GSTR 2A, Tax
to be committed; imposed under reverse charge mechanism on extra
invoices of service providers appearing only in GSTR 2A,
Crompton Greaves Consumer Electricals Limited
Registered & Corporate Office:
05GBD, Godrej Business District, Pirojshanagar,
Vikhroli (West), Mumbai 400079. India
Tel: +91 7304575254
W: www.crompton.co.in CIN: L31900MH2015PLC262254
Email: crompton.investorrelations@crompton.co.in
demand raised for ITC reversal on exempted supply
considering expenses as common in nature.
e. Impact on financial, operation or other Potential impact of ₹5,78,84,851 (Tax ₹2,80,31,405,
activities of the Company, quantifiable interest ₹2,70,50,306 and penalty of ₹28,03,141)
in monetary terms to the extent
possible; There is no material impact on the financials, operations
or other activities of the company
You are requested to take the above information on your record.
For Crompton Greaves Consumer Electricals Limited
Kaleeswaran Arunachalam
Chief Financial Officer