Craftsman Automation Limited — Credit Ratings, 07-11-2024: Credit Rating- Others

Craftsman Automation Limited has reaffirmed credit ratings for its subsidiary, Sunbeam Lightweighting Solutions Private Limited, by CRISIL Ratings. The long-term rating is assigned as CRISIL BBB- (Stable) and the short-term rating as CRISIL A3, ensuring continued strong financial support for its operations. These ratings reflect the company's solid market position and stable outlook in the lightweighting solutions segment.