Promoter Sells 5,25,000 Shares of Craftsman Automation Limited in Open Market
Craftsman Automation Limited has announced that Mr. Srinivasan Ravi, a promoter and senior executive of the company, sold equity shares on the open market. The transaction involved the disposal of 5,25,000 shares by Mr. Ravi on June 23, 2026.The sale was conducted through the open market. Prior to the disposition, Mr. Srinivasan Ravi held a significant stake in Craftsman Automation Limited. Following the sale, his holding percentage in the company decreased from 40.15% to 38.14%.
Mr. Ravi is identified as a Promoter of Craftsman Automation Limited. The transaction represents a component of shares carried by him across all three major stock exchanges where the company is listed: BSE Limited and National Stock Exchange of India Limited.
The financial details regarding Mr. Ravi's holding before and after the sale are summarized below:
| Particular | Before Sale Holding (Shares) | Percentage Holding | After Sale Holding (Shares) |
|---|---|---|---|
| Shares Carrying Voting Rights | 1,05,00,000 | 40.15% | 99,75,000 |
| Details of Disposal | |||
| Shares Sold (Voting Rights) | 5,25,000 | 2.01% |
The company's equity share capital and total voting capital remained Rs. 13,07,72,165/- consisting of 2,61,54,433 equity shares of Rs. 5/- each, both before and after the sale.
CRAFTSMAN Stock Price Movement
Shares of Craftsman Automation Limited are climbing as of 10:55 AM, currently trading at ₹9418.5 after advancing 0.36% in the live market session. The stock remains well within its daily confines, which have been established between a low of ₹9383.5 and an intraday high recorded at ₹9464.5.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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