Craftsman Automation Limited has informed the Exchange regarding 'Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we wish to inform you that theCompany has made an equity investment in LS Mill Solar Green Energy Limited for solar powerunder the Group Captive Scheme as required under the provisions of the Electricity Act, 2003'.
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Craftsman Automation has made a small equity investment of Rs. 1,39,300 in LS Mill Solar Green Energy Limited, acquiring 13,930 equity shares (13.93% stake) at face value of Rs. 10 each. LS Mill is a recently incorporated entity (May 2024) engaged in solar power generation and transmission. The investment is being made under the Group Captive Scheme as mandated by the Electricity Act, 2003, likely to secure solar power supply for the company's operations. The transaction was completed on 24th June 2025 in cash and is not a related party transaction.
This is a routine, very small investment (under Rs. 1.5 lakh) aimed at ensuring captive solar power supply, which could help reduce long-term electricity costs. It has no material financial impact on shareholders or the stock price.