AGM/EGM16 May 2026, 12:31 pm
Craftsman Automation EGM to be held on June 13, 2026
AI Summary
Craftsman Automation Ltd. will hold its Extra-Ordinary General Meeting (EGM) on Saturday, June 13, 2026, via video conferencing or other audio-visual means. This follows a Board of Directors meeting on May 16, 2026, where the board approved raising up to ₹2000 Crores through various means, including equity shares, debt, or other securities. The funds will be used for repayment of outstanding borrowings, subject to regulatory and shareholder approvals.
Key Highlights
- Craftsman Automation EGM scheduled for June 13, 2026, via video conferencing.
- Board approved raising up to ₹2000 Crores through multiple methods.
- Funds to be utilized for repayment of company borrowings.
- Cut-off date for EGM voting eligibility is June 6, 2026.
- Fund Raising Committee authorized to make necessary decisions.
Price Impact
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