Craftsman Automation Limited — Others, 23-10-2024: Statement of deviation(s) or variation(s) under Reg. 32

Craftsman Automation Limited confirmed that there was no deviation or variation in the utilization of funds raised through their Qualified Institutions Placement (QIP) amounting to Rs. 1200 Crores. The company effectively repaid borrowings and acquired equity shares for its subsidiary, achieving full compliance with the intended use of funds. Consequently, they are no longer required to file statements regarding fund deviations moving forward.