Investment24 Jun 2025, 06:01 pm
Craftsman Automation Invests in LS Mill Solar Green Energy for Solar Power
AI Summary
Pursuant to Regulation 30 of the SEBI (LODR) Regulations 2015, Craftsman Automation Ltd has made an equity investment in LS Mill Solar Green Energy Limited for solar power under the Group Captive Scheme. The investment does not fall within the purview of related party transactions and the entities are engaged in the generation and transmission of power. The total investment is Rs.1,39,300 for 13.93% shareholding in LS Mill. LS Mill was incorporated on 10/05/2024 and has commenced its operations in FY 2024-25, engaged in the business of generation and transmission of solar power.
Key Highlights
- Craftsman Automation invests in LS Mill Solar Green Energy for solar power
- Investment under the Group Captive Scheme as per the Electricity Act, 2003
- Total investment of Rs.1,39,300 for 13.93% shareholding
- LS Mill incorporated on 10/05/2024, engaged in solar power generation and transmission
- No related party transactions involved