Craftsman Automation Approves ₹2,000 Cr QIP

Craftsman Automation Limited's Fund Raising Committee has approved raising up to ₹2,000 Crores through a Qualified Institutions Placement (QIP). The approval follows meetings of the Board of Directors and shareholders. The 'Relevant Date' for the issue is set as June 15, 2026, with a calculated floor price of ₹8,966.13 per equity share, potentially offering a discount of up to 5%. The trading window for designated persons has been closed until 48 hours after the issue price determination.