Craftsman Automation Closes QIP at ₹8700/Share

Craftsman Automation Limited announced the closure of its Qualified Institutions Placement (QIP) on June 18, 2026. The Fund Raising Committee approved the issue price of ₹8700 per equity share, including a premium of ₹8695 per share. This price represents a discount of ₹266.13 per share (2.97%) on the floor price, as permitted by SEBI regulations and approved by shareholders. The company has finalized the allocation to eligible Qualified Institutional Buyers (QIBs) and will proceed with sending confirmation allocation notes and refund intimations where applicable. The QIP opened on June 15, 2026.