HDFC Life Insurance decreased its stake in Crompton Greaves Consumer Electricals from 2.84% to 2.63% by reducing its shareholding from 18,308,778 shares to 16,926,181 shares.
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.
HDFC Life Insurance Company Limited, institutional investor in Indian equities
