Crompton Greaves Consumer Electricals : Debentures

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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, Sandra (East),

Mumbai - 400 051

BSE Scrip Code: 539876

NSE Symbol: CROMPTON

ISIN: INE299U01018

ISIN:

INE299U01018

Our Reference: 63/2022-23

Our Reference: 63/2022-23

Crompton

Crompton Greaves Consumer Electricals Limited

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

East Wing, Equinox Business Park, LBS Marg,

AnnexureA

Kurla (West), Mumbai 400 070. India

..

Tel: +91 22 6167 8499 F: +91 22 6167 8383

'

Particulars

Details

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Issue size

Rs. 600 Crore

Proposed to be listed on

National Stock Exchange of India Limited

Tenure

Series A: The tenor of the Debentures is 24 (twenty four) months

commencing from the Deemed Date of Allotment;

Series B: The tenor of the Debentures is 36 (thirty six) months

commencing from the Deemed Date of Allotment

July 22, 2022

Date of allotment

Date of Maturity

Series A:- July 22, 2024

Series 8:- July 22, 2025

(Unless this date is not a Business Day in which case the

Redemption Date will be the date calculated as per Business

Convention Day)

The Company may exercise call option on expiry of the 18th

month for Series A Debentures and on the expiry of 24th month

for Series B Debentures, from the Deemed Date of Allotment

Coupon

("Call Option")

Coupon Rate For Series A: 7.40 % per annum; and

For Series B: 7.65% per annum

Schedule of payment of interest

Annual

Schedule of payment of principal

Series A:- July 22, 2024

amount

Series 8:- July 22, 2025

Charge/security

First pari passu charge over brand "Crompton" and "Crompton

Greaves" of the Company (including assignment of license,

Special right/ interest/ privileges

agreements, if anv).

Not Applicable

attached to the instrument and

changes thereof

Delay in payment of interest/

In case of default in payment of interest and/ or principal

principal amount for a period of

redemption on the due dates, and I or in case of delay in creation

more than three months from the

and perfection of Security, the Company shall pay additional

due date or default in payment of

interest at the rate of 2% per annum payable monthly over the

interest/ principal

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

Not Applicable

regarding

paymenU

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 an

Bullet Redemption at the respective maturities.

Details of

redemption

of NCDs

indicating

the manner

of

redemption

(whether

out

of