Board Meeting16 May 2026, 12:01 pm
Craftsman Automation to Raise Up to ₹2000 Cr
AI Summary
Craftsman Automation Ltd's board approved raising up to ₹2000 Crores through various methods including equity shares, debt, or other eligible securities. The funds will be used for repayment/pre-payment of outstanding borrowings. An Extra-Ordinary General Meeting (EGM) will be held on June 13, 2026, to seek shareholder approval. The board has authorized a Fund Raising Committee to make necessary decisions.
Key Highlights
- Craftsman Automation to raise up to ₹2000 Cr via equity, debt, or other securities.
- Funds to be utilized for repayment/pre-payment of outstanding borrowings.
- EGM scheduled for June 13, 2026, to seek shareholder approval.
- Fund Raising Committee authorized to take necessary decisions.
Price Impact
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