Crompton Greaves Consumer Electricals Limited — Others, 26-06-2025: Security Cover Certificate

Crompton Greaves Consumer Electricals has announced a board meeting on the financial results for the quarter and half-year. The company’s debenture trustee has confirmed a strong security cover ratio of 19.30x on Rs. 300 Cr secured debt for the quarter, slightly down from 19.66x previously due to increased accrued interest from Rs. 10.25 Cr to Rs. 15.91 Cr. The security includes key assets like Property, Plant and Equipment, Investments (Rs. 2,546.19 Cr), and Intangible Assets valued at over Rs. 6,000 Cr, indicating robust backing for its listed debt, which provides confidence to debt investors and stakeholders.