Craftsman Automation has completed the acquisition of 100% of the legal and beneficial interest of the total securities of Sunbeam Lightweighting Solutions (Sunbeam) on October 09, 2024 and has subscribed to 24,00,00,000 optionally convertible debentures (OCDs) of Sunbeam for a consideration Rs 240 crore in accordance with the terms of the Securities Subscription and Purchase Agreement (SSPA), which will be completed on October 10, 2024.
Craftsman Automation is a diversified engineering company engaged in: (a) Automotive - Powertrain and Others, (b) Automotive - Aluminium Products, and (c) Industrial and Engineering segments.
| Company Name | CMP |
|---|---|
| SamvardhanaMotherson | 128.70 |
| Tube Investments | 2973.60 |
| Bosch | 37375.00 |
| UNO Minda | 1133.25 |
| CIE Automotive India | 486.05 |
| View more.. | |
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