New Delhi: Havells India announced that CARE Analytics and Advisory (CAAPL) has assigned the rating 'CG 2+' (CG Two Plus) to the company’s overall corporate governance performance.

CAAPL, a leading-edge analytics and advisory firm specialising in solutions for banks and financial institutions, offers a tailored suite of products and services to address various aspects of risk management and financial operations.

Grading is assigned on a six-point scale, with CG 1 being the highest and CG 6 being the lowest. CAAPL's CG grading is a measure of overall corporate governance performance across a broad range of parameters. The CG rating is valid for a period of one year from the date of issuance.

Havells India Limited is a leading Fast-Moving Electrical Goods (FMEG) company and a major power distribution equipment manufacturer with a strong global presence. Havells has market dominance across a wide spectrum of products, including industrial and domestic circuit protection devices, cables and wires, motors, fans, modular switches, home appliances, air conditioners, electric water heaters, power capacitors, and luminaires for domestic, commercial, and industrial applications. /BI