Breaking News Live Updates: Consumer durables brand Crompton goes zero-debt after a final repayment of Rs 300 cr debt

Economic Times

5 days ago

23 Jul 2025 | 10:56:54 AM IST
Breaking News Live Updates: Consumer electronics brand Crompton today announced the successful repayment of Rs. 300 Crs, taking the company to a zer-debt position.
Breaking News Live Updates: Consumer electronics brand Crompton today announced the successful repayment of Rs. 300 Crs.This milestone marks the full repayment of the total debt of Rs. 2,125 Crs undertaken for the acquisition of Butterfly Gandhimathi Appliances Ltd. ('Butterfly'), a 75% subsidiary."With the repayment of this final tranche of NCDs of Rs. 323 (Principal + Interest), we are pleased to announce that we have transitioned to a zero-debt position," company's CFO said. Show more Two Kanwariyas electrocuted to death, and 32 injured after high tension wire snaps during village parikarma in Bichgaon.Laxmangarh SHO Hariom said, 'We got the information that several Kanwariyas got injured due to current. Two Kanwariyas are brought here, who are stable now. Rest of the injured are being brought here. We don't have clear information but we got to know that there are two casualties.'
(Source: PTI)
Consumer electronics brand Crompton today announced the successful repayment of Rs. 300 Crs.This milestone marks the full repayment of the total debt of Rs. 2,125 Crs undertaken for the acquisition of Butterfly Gandhimathi Appliances Ltd. ('Butterfly'), a 75% subsidiary."With the repayment of this final tranche of NCDs of Rs. 323 (Principal + Interest), we are pleased to announce that we have transitioned to a zero-debt position," company's CFO said. Price as on 10.14.36 AM , Click on company names for their live prices. Price as on 10.10.22 AM , Click on company names for their live prices. Trading on India's multi-commodity exchange MCX was suspended because of a technical glitch. The company informed that it has resumed the operations. Japanese Prime Minister Shigeru Ishiba plans to soon announce his resignation, local media said Wednesday, after an election debacle left his coalition without a majority in parliament's upper house. The reports said Ishiba had conveyed his intention to step down to those close to him, following the announcement Wednesday of a US-Japan trade deal.
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