Craftsman Automation launches Rs 2,000 cr QIP; floor price set at Rs 8,966.13/share
Mumbai, June 16 -- The committee fixed 15 June 2026 as the relevant date for the issue and approved a floor price of Rs 8,966.13 per equity share, determined in accordance with SEBI regulations.
The floor price represents a discount of 3.99% to the previous closing price of Rs 9,338.65 on the BSE. The company may offer a discount of up to 5% on the floor price, subject to applicable regulations.
The QIP has been launched pursuant to the board approval dated 16 May 2026 and the special resolution passed by shareholders at the Extraordinary General Meeting held on 13 June 2026.
The issue comprises equity shares of face value Rs 5 each. The final issue size and pricing will be determined in consultation with the bookrunning lead manager(s...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.