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Craftsman Automation makes equity investment of Rs 2.60 lakh in Eastsquare Energy India
Sep-08-2025

Craftsman Automation has made equity investment in Eastsquare Energy India (EEIPL) for the purpose of the purchase of solar power under the Group Captive Scheme as required under the provisions of the Electricity Act, 2003. The company has invested Rs 2.60 lakh (i.e., 26,000 equity shares of face value of Rs 10 each) in the equity shares of EEIPL. With this equity investment, the shareholding of the company in the equity shares of EEIPL will be 26%.

Craftsman Automation is a diversified engineering company with vertically integrated manufacturing capabilities, engaged in three business segments, namely powertrain and other products for the automotive segment (automotive -powertrain and others), aluminium products for the automotive segment (automotive - aluminium Products), and industrial and engineering products segment (industrial and engineering).

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