Board Meeting15 Jun 2026, 05:40 pm
Craftsman Automation Approves ₹2,000 Cr QIP
AI Summary
Craftsman Automation Limited's Fund Raising Committee has approved raising up to Rs. 2,000 Crores through a Qualified Institutions Placement (QIP). The decision follows approvals from the Board of Directors and shareholders. The 'Relevant Date' for the issue is set as June 15, 2026, with a calculated floor price of Rs. 8,966.13 per equity share. The company may offer a discount of up to 5% on the floor price. The trading window for designated persons has been closed until 48 hours after the issue price determination.
Key Highlights
- Company to raise up to Rs. 2,000 Crores via QIP.
- Fund Raising Committee approved the issuance of equity shares.
- Floor price set at Rs. 8,966.13 per share.
- Trading window closed for designated persons.
Price Impact
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