Craftsman Automation Limited has informed the stock exchanges that its Promoter, Chairman and Managing Director Mr. Srinivasan Ravi has sold 5,25,000 equity shares of the company through open market transactions executed on 23rd June 2026.
The sale of 5,25,000 shares constitutes 2.01 per cent of the total paid-up equity share capital of Craftsman Automation Limited. The transactions were carried out on BSE Limited and the National Stock Exchange of India Limited where the company's equity shares are listed under the symbol CRAFTSMAN.
Prior to the transaction Mr. Srinivasan Ravi held 1,05,00,000 equity shares representing 40.15 per cent of the total voting capital of Craftsman Automation Limited. Following the open market sale his holding has decreased to 99,75,000 equity shares equivalent to 38.14 per cent of the total diluted voting capital. The promoter confirmed that there were no shares under encumbrance either before or after the sale.
The total paid-up equity share capital of Craftsman Automation Limited remains unchanged at Rs 13,07,72,165 comprising 2,61,54,433 equity shares of face value Rs 5 each.
The disclosure was submitted to BSE Limited and the National Stock Exchange of India Limited under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011. The filing was confirmed by the Company Secretary and Compliance Officer of Craftsman Automation Limited.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.