Khaitan & Co advised Crompton Greaves Consumer Electricals Limited in relation to listing of its equity shares, pursuant to demerger of consumer products business of Crompton Greaves Limited, through a High Court approved Scheme of Arrangement, into CGCEL.
Crompton Greaves is engaged in the business, inter alia, of manufacturing, marketing, distributing and selling of consumer products such as fans, pumps, lighting and consumer appliances.
Sudhir Bassi, Executive Director; Manisha Shroff, Associate Partner; Ashwinee Oturkar, Principal Associate; Madhuparna Dasgupta, Principal Associate; Oindrila Bhowmik, Associate and Bidya Mohanty, Associate represented the client on the transaction.
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