Promoter Mr. Srinivasan Ravi sold 5,25,000 shares of Craftsman Automation Limited for ₹495.89 Cr at ₹9445.50 apiece in an open market transaction, decreasing his stake from 40.15% to 38.14%.
A precision manufacturing company that produces components and sub-assemblies for the automotive, industrial, and engineering sectors on a supply and job-work basis. Operating since 1986 from its Coimbatore headquarters, the company has established itself as a leader in precision manufacturing across diverse fields. It operates 12 manufacturing plants, including 10 satellite units, spread throughout India to serve clients with custom-built solutions tailored to their specifications.
