Craftsman Automation Approves ₹2,000 Cr QIP

Craftsman Automation Ltd's Fund Raising Committee has approved a Qualified Institutions Placement (QIP) to raise up to ₹2,000 Crores. The approval follows board and shareholder resolutions. The company has fixed June 15, 2026, as the relevant date for the issue, with a floor price of ₹8,966.13 per equity share. A discount of up to 5% may be offered. The trading window for designated persons remains closed until 48 hours after the issue price determination.