Craftsman Automation EGM Approves ₹2000 Crore Fund Raise
Published on: May 20, 2026, 3:33 a.m. | Source: scanx.trade
Craftsman Automation Limited has announced an Extraordinary General Meeting (EGM) on June 13, 2026, to seek shareholder consent for raising up to ₹2000 Crores through various instruments like QIP, rights issue, or debt. The proceeds are earmarked for capital expenditure, working capital, and debt repayment. Shareholders on record as of June 6, 2026, can vote via remote e-voting from June 10 to June 12 or during the virtual meeting.
