Craftsman Automation Limited has received shareholder approval to raise up to ₹2000 crore through the issuance of equity shares and other eligible securities. The resolution was passed during the Extraordinary General Meeting (EGM) held on June 13, 2026, via video conference. This fund-raising initiative is intended to support the company's future growth plans, enhance financial flexibility, and meet general corporate requirements.

The EGM authorized the company to utilize various mechanisms for raising capital, including a further public offer, debt, preferential allotment, rights issue, American depository receipts, global depository receipts, private placement, and qualified institutions placement. The issuance will comply with the applicable provisions of the Companies Act, 2013, and regulations set by the Securities and Exchange Board of India (SEBI).

Voting Results

The resolution to raise funds was passed with 97.71% of the votes polled in favour. A total of 20,012,241 votes were polled, representing 83.89% of the total outstanding shares. The scrutinizer for the process was Dr. C.V. Madhusudhanan, Partner of M/s. KSR & Co Company Secretaries LLP.

Meeting Proceedings

Remote e-voting for the resolution began on June 10, 2026, at 9.00 A.M. and concluded on June 12, 2026, at 5.00 P.M. The cut-off date for determining eligibility was June 6, 2026. The meeting, which commenced at 11.00 A.M. IST and concluded at 11.15 A.M. IST, was chaired by Mr. Srinivasan Ravi, Chairman and Managing Director. The requisite quorum was present throughout the proceedings.

Craftsman Automation Limited engaged with analysts and institutional investors on June 10, 2026, through a series of one-on-one physical meetings. The interactions were conducted to provide updates and insights into the company's operations and strategy. No unpublished price sensitive information was shared during the discussions with the investors.

The meetings were held under Regulation 30 of the SEBI (LODR) Regulations, 2015. The company representative met with three major institutional investors throughout the day. The sessions were conducted in person at the company's premises.

The schedule of meetings included the following participants:

The disclosure was submitted to the stock exchanges to ensure transparency and compliance with regulatory requirements. The company confirmed that all interactions adhered to standard protocols regarding information disclosure.