Divestment11 April 2026 at 04:30 am
Craftsman Automation Exits Investment in RC Green Powers
AI Summary
Craftsman Automation Ltd has announced its complete exit from its equity investment in RC Green Powers Private Limited (RCGPPL). This divestment follows earlier intimations regarding the investment made under the Group Captive Scheme. As a result, Craftsman Automation no longer holds any equity shares or interest in RCGPPL. The company stated that this exit does not have any material impact on its operations or financial position.
Key Highlights
- Craftsman Automation fully exited its RCGPPL investment.
- The investment was initially made under a Group Captive Scheme.
- Company no longer holds any equity shares or interest in RCGPPL.
- The exit has no material impact on operations or financial position.