The Board of Directors of Crompton Greaves Consumer Electricals Limited had approved the proposal to raise funds by way of issuance of secured, rated, listed, redeemable non-convertible debentures ("NCDs") on private placement basis up to INR 9,250 million, inform that the Committee of Debentures of the Company at its meeting held on July 4, 2022 have approved the pricing, tenure and other terms and conditions for issuance of listed, secured, rated, redeemable, Non-Convertible Debenture (NCDs) of INR 1,000,000 each aggregating up to an amount of INR 3,250 million on Private Placement basis.