Crompton Greaves Consumer Electricals : Debentures

Crompton Greaves Consumer Electricals Limited

Registered & Corporate Office: Tower 3, 1st Floor,

East Wing, Equinox Business Park, LBS Marg,

Kurla (West), Mumbai - 400 070.India

T: [phone] F: [phone]

W: www.crompton.co.inCIN: L31900MH2015PLC262254

Date: July 12, 2022

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: 49/2022-23	Our Reference: 49/2022-23

Dear Sir/Madam,

Ref:

1. Outcome of the Meeting of the Board of Directors dated June 13, 2022, (BSE reference no. 33/2022-23 and NSE reference number 33/ 2022-23)

1. Intimation dated July 5, 2022 (BSE reference no. 43/2022-23 and NSE reference no. 43/2022-23)
2. Intimation dated July 7, 2022 (BSE reference no. 44/2022-23 and NSE reference no. 44/2022-23)

Subject: Disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

In furtherance to our intimation letters as mentioned above and pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we hereby inform that the Committee of Debentures of Crompton Greaves Consumer Electricals Limited (the "Company") vide their resolution dated July 12, 2022 have inter alia, approved the allotment of 3,250 Secured Rated Listed Redeemable Non-Convertible Debenture (NCDs) of a face value of Rs. 10,00,000/- each aggregating up to Rs. 325 Crores on private placement basis.

The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 are given in Annexure A to this letter.

You are requested to kindly take the above information on your record.

Thanking you,

For Crompton Greaves Consumer Electricals Limited

Pragya Kaul

Company Secretary & Compliance Officer

	Annexure A
Particulars	Details
Issue size	Rs. 325 Crore
Proposed to be listed on	National Stock Exchange of India Limited
Tenure	18 (eighteen) months commencing from the date of
	allotment
Date of allotment	July 12, 2022
Date of Maturity	January 12, 2024
Coupon	7.40% per annum
Schedule of payment of interest	For first 6 months on January 12, 2023 and;
	For next 12 months on January 12, 2024
Schedule of payment of principal amount	January 12, 2024
Charge/security	First pari passu charge over brand "Crompton" and
	"Crompton Greaves" of the Company (including
	assignment of license, agreements, if any)
Special right/ interest/ privileges attached	Not Applicable
to the instrument and changes thereof
Delay in payment of interest/ principal	In case of default in payment of interest and/ or principal
amount for a period of more than three	redemption on the due dates, and / or in case of delay
months from the due date or default in	in creation and perfection of Security, the Company
payment of interest/ principal	shall pay additional interest at the rate of 2% per annum
	payable monthly over the Coupon Rate for the
	defaulting period i.e. the period commencing from and
	including the date on which such amount becomes due
	and upto excluding the date on which such amount is
	actually paid.
	In case of delay in listing beyond 4 (four) trading days
	from the Issue Closing Date, the Company shall pay
	penal interest of 1% (one per cent) p.a. over the Coupon
	Rate on the outstanding amounts to the Debenture
	holders for the period of delay i.e. from the Date of
	Allotment till the listing of the Debentures or for such
	time period and such other rate as provided under
	Applicable Law.
	Right to levy the default interest is notwithstanding the
	rights of the debenture holders provided under the event
	of default.
Details of any letter or comments regarding	Not Applicable
payment/ non-payment of interest,
principal on due dates, or any other matter
concerning the security and/ or the assets
along with its comments thereon, if any
Details of redemption of NCDs indicating	Bullet Redemption at the respective maturities.
the manner of redemption (whether out of
profits or out of fresh issue)