Craftsman Automation Limited
Craftsman Automation started the journey in the year 1986 as a small scale industry in the southern Indian city of Coimbatore, has grown to become a leader in precision manufacturing in diverse fields.The co. manufactures several components and sub-assemblies on a supply and job-work basis according to client specifications in the automotive, industrial, and engineering segments. Headquartered in Coimbatore with 12…
What Craftsman files
- Investor Meet55
- Others50
- Important36
- Updates20
- Board Meeting15
- PPTs8
Craftsman Automation invested 1.07 Cr in Sterling MH Wind Private Limited, acquiring 26.66% equity. This strategic investment secures renewable wind power for its Maharashtra facilities, aiming to optimize power costs and boost sustainability initiatives.
Craftsman Automation has commenced commercial operations at its new plant in Ludhiana, Punjab. This operational expansion boosts manufacturing capabilities and positions the company for future growth in the region.
Craftsman Automation Promoter Mr. Srinivasan Ravi sold 5,25,000 equity shares via open market. This transaction reduced his holding by 2.01%, from 40.15% to 38.14% of the company's total equity. Key ownership change for investors to note.
Craftsman Automation's Promoter & CMD, Mr. Srinivasan Ravi, sold 5,25,000 equity shares via an open market transaction for ₹485.63 Cr. His holding reduced from 40.15% to 38.14%.
Craftsman Automation's board approved the financial results for the quarter and financial year. Consolidated revenue grew to ₹8,069.27 Cr, profit to ₹383.99 Cr. A final dividend of ₹11.25 per share was announced. Key leadership re-appointments and a senior management appointment were also approved.