Craftsman Automation Closes QIP Issue at ₹8700/Share

Craftsman Automation Ltd announced the closure of its Qualified Institutional Placement (QIP) issue on June 18, 2026. The Fund Raising Committee approved the closure after receiving application forms and funds from eligible Qualified Institutional Buyers (QIBs). The issue price was determined at ₹8700 per equity share, representing a discount of ₹266.13 (2.97%) on the floor price. The company will now proceed with allotting 22,98,850 equity shares to the QIBs and will issue confirmation allocation notes and refund intimation letters as applicable.