Craftsman Automation Limited

SBI Life Insurance increased its stake in Craftsman Automation from 2.09% to 2.43%, buying 136,600 shares. The value of the additional shares was ₹141.27 crore, based on Craftsman Automation's share price of ₹10338.50. This transaction follows their participation in a June 2026 Qualified Institutional Placement where they were allotted 114,942 shares at ₹8,700 apiece.

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.

Joint venture between State Bank of India and BNP Paribas Cardif. Manages over Rs 4.7 lakh crore in total AUM with the flagship SBI Life Equity Fund alone holding over Rs 77,000 crore. One of India's largest private life insurers by AUM, with a multi-cap equity book deployed across ULIP and participating funds.