CROMPTON GREAVES LTD. - Advent International to lead acquisition of 34.37% of Crompton Greaves consumer products business from promoter Avantha Holdings

With reference to the earlier letter dated April 23, 2015, wherein the Company had disclosed the information received from Avantha Holdings Limited indicating their proposal to divest their entire shareholding in Crompton Greaves Consumer Electricals Limited.<BR><BR>Crompton Greaves Ltd has now informed BSE that the Company have now received further, the press release jointly issued by Avantha Holdings Limited and Advent International, with respect to the above divestment, which is enclosed as Annexure A.