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Auto Components & Equipments
Insider Trading25 Jun 2026, 10:38 am

Craftsman Automation: Promoter Sells 5.25 Lakh Shares

AI Summary

Mr. Srinivasan Ravi, Promoter, Chairman and Managing Director of Craftsman Automation Ltd, has disclosed the sale of 5,25,000 equity shares through the open market on June 23, 2026. The transaction resulted in a reduction of his shareholding from 40.15% (1,05,00,000 shares) to 38.14% (99,75,000 shares). The disclosure was made pursuant to Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The total value of the transaction was ₹4,85,62,50,000.

Key Highlights

  • Promoter sold 5,25,000 equity shares.
  • Transaction value: ₹4,85,62,50,000.
  • Shareholding reduced from 40.15% to 38.14%.
  • Sale executed on NSE via open market.
  • Disclosure filed under SEBI PIT Regulations.