News Announcement

Craftsman Automation: Announcement under Regulation 30 (LODR)-Updates on Acquisition

Pursuant to Regulation 30 of the SEBI (LODR) Regulations 2015 in reference to the intimation dated 5th August 2024 and 7th October 2024 we wish to inform you that the Company has completed the acquisition of 100% legal and beneficial interest of the total securities of Sunbeam Lightweighting Solutions Private Limited and has subscribed to 24 00 00 000 OCDs of Sunbeam for a consideration of Rs. 240 00 00 000 in accordance with the terms of SSPA which will be completed on 10th October 2024.


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