Crompton Greaves Consumer Electricals Limited
ICICI Prudential Life Insurance, which previously held a 1.14 percent stake in Crompton Greaves Consumer Electricals Limited, is no longer listed among the company's named shareholders. This indicates either a complete sale of shares or a reduction in their holding to just under the 1 percent disclosure requirement.
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.
Joint venture between ICICI Bank and Prudential plc. Total AUM in excess of Rs 3.2 lakh crore deployed across linked, participating and non-participating funds. CIO Manish Kumar has run the equity book for over a decade, with style biased to quality large and mid-caps. Active across primary and secondary markets through ULIP and group fund mandates.