Craftsman Automation promoter sells shares worth ₹485.62 crore
Srinivasan Ravi, Promoter, Chairman and Managing Director of Craftsman Automation Limited, sold 5,25,000 equity shares on June 23, 2026, via the open market on the NSE. The sale, valued at ₹4,85,62,50,000, reduced his shareholding from 40.15% to 38.14%. The disclosure was filed under SEBI (Prohibition of Insider Trading) Regulations, 2015.

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Srinivasan Ravi, Promoter, Chairman and Managing Director of Craftsman Automation Limited , sold 5,25,000 equity shares on June 23, 2026, reducing his stake in the company to 38.14% from 40.15%. The transaction, executed through the open market on the National Stock Exchange of India Limited, involved a total value of ₹4,85,62,50,000. The total voting capital of Craftsman Automation Limited stands at 2,61,54,433 equity shares of ₹5 each.
The disclosure was submitted to the stock exchanges pursuant to Regulation 7(2) read with Regulation 6(2) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. Shainshad Aduvanni, Company Secretary & Compliance Officer of Craftsman Automation Limited, filed the intimation on June 25, 2026.
Transaction Details
The sale involved the disposal of 5,25,000 equity shares, representing 2.01% of the total share capital. The mode of disposal was the open market, and the shares were listed on both BSE Limited and National Stock Exchange of India Limited.
| Particulars | Details |
|---|---|
| Name of the Promoter | Mr. Srinivasan Ravi |
| Category | Promoter, Chairman and Managing Director |
| Securities sold | Equity Shares |
| Number of shares sold | 5,25,000 |
| Value of transaction | ₹4,85,62,50,000 |
| % of total share capital sold | 2.01% |
| Date of sale | June 23, 2026 |
| Mode of disposal | Open Market |
| Exchange | NSE |
Change in Holding
Prior to the transaction, Srinivasan Ravi held 1,05,00,000 equity shares, accounting for 40.15% of the paid-up share capital. Following the sale, his holding has decreased to 99,75,000 equity shares, which constitutes 38.14% of the total voting capital. There were no changes to the company's total equity share capital or total diluted share capital as a result of this transaction.
Historical Stock Returns for Craftsman Automation
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.41% | -2.60% | +6.32% | +31.12% | +76.33% | +424.28% |
What are the potential strategic reasons behind the promoter's decision to reduce his stake at this time?
How might this significant stake sale impact investor confidence and the stock's short-term performance?
Will the proceeds from the sale be reinvested into the company or utilized for other personal ventures?

































