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Crompton Greaves announces phased resumption of operations

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Capital Market

Crompton Greaves Consumer Electricals said the company has partially resumed the operations at its plants located at Baddi (Unit III) in a phased manner.

The company shall fully comply with the guidelines relating to safety, health, hygiene, reduced manpower, social distancing and other precautionary measures required to be taken in the prevailing situation, Crompton Greaves Consumer Electricals said. The company will continue to closely monitor the situation and take appropriate action as per regulatory guidance, it added.

The announcement was made after market hours yesterday, 28 April 2020. Shares of Crompton Greaves Consumer Electricals shed 0.56% to close at Rs 214.45 on 28 April 2020.

 

Crompton Greaves Consumer Electricals manufactures & markets a wide spectrum of consumer products ranging from Fans, LED Lighting, Water Heaters, Coolers, Irons, Kitchen Appliances & Pumps.

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First Published: Apr 29 2020 | 8:10 AM IST

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