Craftsman Automation Limited has informed the Exchange about Commencement of commercial production/operations
CRAFTSMAN · price
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Awaiting price reaction for this filing.
Craftsman Automation has started commercial production at its new plant in Faridabad Unit-3 effective 11th August 2025. The company is also shifting business operations from the older Faridabad Unit-1 to the newer Units 2 and 3. The company says this move is aimed at improving operational efficiency and reducing overhead costs. No financial details, revenue impact, or production capacity figures have been disclosed in this filing.
This is a positive operational update — consolidating into newer, more efficient facilities could help the company cut costs and scale up over time. For shareholders, it signals capacity readiness, though the short-term stock impact is likely limited since no revenue or order details were provided.