15-Jun-2026 17:32:41
CRAFTSMANGeneral news
CRAFTSMAN AUTOMATION : APPROVED QUALIFIED INSTITUTIONS PLACEMENT OF UP TO RS 2,000 CRORES
• Board approval on May 16, 2026, and shareholders' resolution on June 13, 2026, for QIP • Fund-Raising Committee (FRC) approved raising funds via equity shares up to aggregate amount not exceeding Rs. 2,000 Crores • FRC meeting on June 15, 2026, approved opening of the issue and preliminary placement document • Relevant date fixed as June 15, 2026, with floor price of Rs. 8,966.13 per equity share • Company may offer a discount of not more than 5% on the floor price • Preliminary Placement Document to be filed on June 15, 2026 • Trading window closed for designated persons until 48 hours after determination of issue price
Craftsman Automation Limited
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