Crompton Greaves Will Undergo Value Unlocking: Motilal Oswal

Tagged: Crompton Greaves, Motilal Oswal

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September 7, 2014 at 12:00 pm #927

Vidhi Khanna
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Consumer business demerger to unlock value; several triggers exist

CRG has proposed the demerger of the consumer business into a separate listed company. The Committee of Directors was to examine all relevant aspects and make suitable recommendations to the Board; and we expect the process to be completed shortly. We believe that the transaction will unlock significant value, and also opens up strategic possibilities to accelerate growth.

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