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
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- Important36
- Updates20
- Board Meeting15
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Craftsman Automation incorporated Craftsman Fronberg Precision GmbH, a step-down wholly-owned subsidiary in Germany. It will handle machining/processing of engine/engineering components, boosting German operations and future growth. Initial capital is EUR 25,000.
Craftsman Automation's Board approved incorporating Craftsman Fronberg Precision GmbH in Germany as a step-down wholly owned subsidiary. This new entity, with EUR 25,000 initial capital, will enhance in-house machining capabilities and support the Group's German operations.
Craftsman Automation approved a new Hosur manufacturing facility with a Rs. 250 Cr investment. This expansion targets growing auto OEM demand in South India, aiming to boost capacity, operational efficiency, and future business growth.
Craftsman Automation reported strong Q1 results. The Board approved a new Hosur plant (Aluminium Products) with an estimated ₹250 Cr investment to meet rising automotive OEM demand. Company raised ₹2,000 Cr via QIP for debt repayment and general corporate purposes.
Craftsman Automation is investing 3.36 Cr in Solarcraft Power for a 26% stake to secure 7.0 MWAC solar power for its manufacturing operations, enhancing renewable energy procurement.