Mr. Srinivasan Ravi Sells Shares in Craftsman Automation Limited, Reducing Stakeholdings
Mr. Srinivasan Ravi has sold a portion of his equity stake in Craftsman Automation Ltd, reducing his holding after conducting the open market sale on June 23, 2026. The transaction saw the promoter dispose of 5,25,000 shares, bringing down his shareholding.Mr. Srinivasan Ravi holds a Promoter status in Craftsman Automation Limited. Before the disposition, he held 1,05,00,000 shares, representing 40.15% of the total voting capital of the company.
The details of Mr. Ravi's shareholding and the executed transaction are summarized below:
| Metric | Pre-Sale Holding (Before June 23, 2026) | Transaction Details | Post-Sale Holding (After June 23, 2026) |
|---|---|---|---|
| Promoter/Acquirer Name | Mr. Srinivasan Ravi | Sale of shares | Mr. Srinivasan Ravi |
| Total Shares Held (Equity Voting Capital) | 1,05,00,000 (40.15%) | Shares Sold | 99,75,000 (38.14%) |
| Mode of Transaction | N/A | Open Market Sale | N/A |
The sale involved the disposal of 5,25,000 shares, which accounted for 2.01% of the total diluted share capital.
Following the open market sale on June 23, 2026, Mr. Srinivasan Ravi's equity holding stands at 99,75,000 shares, or 38.14%, in Craftsman Automation Limited.
The company's total equity share capital remained Rs. 13,07,72,165/- consisting of 2,61,54,433 equity shares of Rs. 5/- each, both before and after the transaction.
CRAFTSMAN Stock Price Movement
As of 11:33 AM, shares of Craftsman Automation Limited climb to ₹9413 after gaining 0.3%, having added ₹28.50 in trading. The equity trades within a tight range today, with the stock reaching a high of ₹9464.5 and briefly touching a low near ₹9383.5.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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