Crompton Greaves Consumer Electricals Limited

Bajaj Allianz Life Insurance increased its stake in Crompton Greaves Consumer Electricals Limited from 1.19% to 1.70%, by purchasing 32,35,150 shares. The stake is valued at ₹268.61 Cr at a share price of ₹246.00.

A leading consumer electricals company in India with over 75 years of brand heritage, Crompton Greaves operates through two main segments: lighting and electrical consumer durables. The company markets products under the Crompton brand across India and select export markets, serving households with appliances ranging from fans and pumps to lighting solutions. Operating under professional management as an independent entity, it maintains a strong presence in the domestic consumer cyclical sector.

Now wholly owned by Bajaj Finserv after the Bajaj Group bought out Allianz SE's 26% stake in March 2025 for Rs 24,180 crore. Total AUM over Rs 1.2 lakh crore. Flagship Pure Stock Fund manages over Rs 7,200 crore as a Shariah-compliant Indian equity book. Active investor across large and midcap names through ULIP and group fund vehicles.