Craftsman Automation Limited has informed the Exchange that the Company has made a further equity investment of Rs.39,500/- (ie.,3950 equity shares of face value of Rs.10/- each, aggregating to 2.63% of the equity share capital) in RC Green Powers Private Limited (RCGPPL) for wind power under the Group Captive Scheme as required under the provisions of the Electricity Act, 2003.
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Craftsman Automation has made an additional small equity investment of Rs. 39,500 (3,950 shares of Rs. 10 face value) in RC Green Powers Private Limited (RCGPPL), taking its total holding in RCGPPL to 3.51%. This investment is made for sourcing wind power under the Group Captive Scheme as required by the Electricity Act, 2003. The amount is negligible relative to the company's size and is part of routine compliance for captive power consumption norms. The company may buy or sell more shares in RCGPPL from time to time to stay compliant with ownership and consumption rules.
No material impact on shareholders or stock price — this is a routine, very small regulatory compliance investment in a related wind power entity.