Craftsman Automation has received approval to make an equity investment in Sulur Maharaja Solar Green Power up to Rs 21.87 lakh (i.e., 2,18,700 equity shares of face value of Rs 10 each) for solar power captive consumption as required under the provisions of the Electricity Act, 2003.
The Investment in Sulur Maharaja Solar Green Power is for the purpose of purchase of solar power under Group Capitive Scheme. The Board of Directors of the Company at their meeting held on October 30, 2023 has approved the same
Craftsman Automation is a diversified engineering company engaged in: (a) Automotive - Powertrain and Others, (b) Automotive - Aluminium Products, and (c) Industrial and Engineering segments.
