Craftsman Automation Limited has scheduled a comprehensive financial disclosure process for its third quarter fiscal year 2026 results. The company will hold a board meeting on January 28, 2026, followed by an earnings conference call on January 29, 2026, to discuss its financial performance with stakeholders.

Board Meeting and Results Approval

The board meeting will focus on reviewing and approving the company's unaudited financial results for the quarter and nine months ended December 31, 2025. The company formally notified both BSE Limited and National Stock Exchange of India Limited about the upcoming board meeting through a regulatory filing dated January 5, 2026.

Earnings Conference Call Details

Following the board meeting, Craftsman Automation has scheduled an earnings conference call on January 29, 2026, at 4:00 PM IST. The conference call will provide stakeholders with detailed insights into the company's financial performance and operational highlights for the reporting period.

Management Participation

The earnings conference call will feature key members of Craftsman Automation's senior management team. Mr. Srinivasan Ravi, Chairman and Managing Director, and Mr. C.B Chandrasekar, Chief Financial Officer, will participate in the discussion to address investor queries and provide comprehensive insights into the company's financial performance.

Regulatory Compliance and Trading Restrictions

In compliance with Securities and Exchange Board of India regulations, Craftsman Automation has implemented necessary trading restrictions. The company has closed its trading window for share transactions from January 1, 2026, ensuring adherence to insider trading prevention measures during the financial results preparation period.

Craftsman Automation Limited has successfully completed the first tranche of its asset sale transaction on December 31, 2025. The company's wholly owned subsidiary, Sunbeam Lightweighting Solutions Private Limited, has transferred specific plant and machinery assets to Shriram Pistons & Rings Limited as part of a larger divestment strategy.

Transaction Details and Structure

The asset sale is being executed in multiple tranches under an Asset Purchase Agreement signed on December 19, 2025. The first tranche involved the transfer of identified plant and machinery and related assets forming part of a piston manufacturing line on a piecemeal basis.

Asset Transfer and Payment Terms

The transaction involves the sale of aluminum piston manufacturing line assets, including plant and machinery along with related books and records. Sunbeam has received ₹10.00 crores for the first tranche, with the remaining ₹18.00 crores to be received upon completion of the second tranche.

The transfer of remaining assets will be completed in subsequent tranches, subject to fulfillment of respective closing conditions and deliverables as stipulated under the Asset Purchase Agreement. All payments are being made in cash according to the terms and conditions specified in the agreement.

Buyer Information and Transaction Nature

Shriram Pistons & Rings Limited, the buyer, has its registered office at Third Floor, Himalaya House, 23 Kasturba Gandhi Marg, New Delhi, Delhi, India, 110001. The company does not form part of the promoter, promoter group, or group companies of Craftsman Automation.

The transaction does not qualify as a related party transaction under Section 2(76) of the Companies Act, 2013, Regulation 2(zb) of the Listing Regulations, and applicable Accounting Standards. The sale is being conducted outside any scheme of arrangement.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The transaction details have been provided in accordance with Schedule III of the SEBI LODR Regulations and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

This strategic asset divestment represents Craftsman Automation's focused approach to optimizing its asset portfolio while generating cash proceeds for the company's operations and growth initiatives.