Crompton Greaves Consumer Electricals Limited — Updates, 23-07-2025: Press Release

Crompton Greaves Consumer Electricals (CGCEL) achieved a significant financial milestone by fully repaying its Non-Convertible Debentures. The final Rs. 300 Cr principal repayment completes the Rs. 2,125 Cr debt incurred for the Butterfly Gandhimathi acquisition. CGCEL is now a zero-debt, net cash positive company. This strategic move is expected to significantly reduce interest costs, allowing more resources for future growth initiatives, innovation, and shareholder returns, thereby strengthening its balance sheet and positioning it for long-term value creation.