Craftsman Automation Promoter Divests Shares in Open Market
Mr. Srinivasan Ravi, identified as a Promoter, Chairman, and Managing Director of Craftsman Automation Limited, sold equity shares through the open market on June 23, 2026. The transaction involved the sale of 5,25,000 equity shares for a value of 4,85,62,50,000.The disposal was executed on the National Stock Exchange (NSE), and Mr. Ravi reported the trade as a change in his holdings.
Prior to the open market sale, Mr. Ravi held 1,05,00,000 equity shares, representing a 40.15% stake in Craftsman Automation Limited. Following the disposal of 5,25,000 shares, his holding reduced to 99,75,000 shares, corresponding to a 38.14% shareholding.
The details of Mr. Ravi’s holdings and the transaction are summarized below:
| Metric | Prior Holding (Pre-Sale) | Post Holding (Post-Sale) |
|---|---|---|
| Shares Held | 1,05,00,000 | 99,75,000 |
| Percentage of Shareholding | 40.15% | 38.14% |
| Transaction Details | Sale of 5,25,000 Equity Shares | Date: June 23, 2026 (NSE) |
CRAFTSMAN Stock Price Movement
Craftsman Automation Limited shares are edging up as of 10:51 AM, gaining ₹38.00 or 0.40% and currently trading at ₹9422.5. The stock is seeing active movement today, with the current price staying within a range defined by the day's low of ₹9383.5 and high of ₹9464.5 amidst 8,472 shares traded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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