Craftsman Automation Invests in Event Green Power for Solar Power Under Group Captive Scheme

Craftsman Automation Ltd has made an equity investment in Event Green Power Private Limited (EGPPL) for solar power under the Group Captive Scheme. The investment is in line with the Electricity Act, 2003. EGPPL, incorporated on 30/11/2021, is engaged in the business of power generation. The company's turnover for the last 3 years is as follows: FY 22-23: Rs. 0.73 Crores, FY 23-24: Rs. 2.02 Crores, FY 24-25: Rs. 4.57 Crores. Craftsman Automation has invested Rs. 42,000 in the equity shares of EGPPL, which is 1.91% of the total shares.