BSECompany Update3d ago · 28 Oct 2026, 01:28 pm

Pursuant to Regulation 32 of the SEBI LODR Regulations, 2015, we wish to inform you that there has been no deviation or variation in the utilization of funds raised through QIP aggregating to Rs. 2000 Crores. The statement of deviation or variation in utilization of funds raised through the QIP for the quarter ended 30th September, 2026 is enclosed.

Craftsman Automation Ltd · 543276

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Craftsman Automation Ltd has informed the exchanges that there has been no deviation or variation in the utilization of funds raised through QIP aggregating to Rs. 2000 Crores. The statement of deviation or variation in utilization of funds raised through the QIP for the quarter ended 30th September, 2026 is enclosed.

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Craftsman Automation Ltd - 543276 - Statement Of Deviation Or Variation In Utilization Of Funds Raised Through Qualified Institutions Placement (QIP) - Regulation 32 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015;

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28th October, 2026 The Manager - Listing, The Manager - Listing, BSE Limited, National Stock Exchange of India Limited, Rotunda Building, Exchange Plaza, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Bandra (East), Mumbai - 400 001 Mumbai - 400 051 Scrip Code: 543276 Stock Code: CRAFTSMAN Dear Sir/Madam, Sub: Statement of Deviation or Variation in utilization of funds raised through Qualified Institutions Placement (QIP) - Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015; Pursuant to Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”), we wish to inform you that there has been no deviation or variation in the utilisation of funds raised through the Qualified Institutions Placement (“QIP”) aggregating to ₹2,000 crore. The Statement of Deviation or Variation in utilisation of funds raised through the QIP for the quarter ended 30th September, 2026 is enclosed herewith as“Annexure A”. We further wish to inform you that the QIP proceeds have been fully utilised for the objects for which they were raised. Accordingly, pursuant to Regulation 32(2) of the SEBI LODR Regulations, the requirement to submit the Statement of Deviation or Variation in respect of the said QIP shall cease hereafter. Kindly take the same into your records. Thanking you. Yours faithfully, for CRAFTSMAN AUTOMATION LIMITED Shainshad Aduvanni Company Secretary & Compliance Officer Encl: As above Craftsman Automation Limited Registered Office: Corporate Office: 123/4, Sangothipalayam Road, No.1087, 4th & 5th Floor, Krishna Towers, Tel + 91 422 71 610 00 Arasur Post, Coimbatore – 641 407 Avinashi Road, Coimbatore - 641037 fax + 91 422 71 612 34 Tamil Nadu, India Tamil Nadu, India info@craftsmanautomation.com CIN NO: L28991TZ1986PLCO01816 www.craftsmanautomation.com GST NO: 33AABCC2461K1ZW ANNEXURE-A STATEMENT OF DEVIATION/ VARIATION IN UTILIZATION OF FUNDS RAISED THROUGH QIP, FOR THE QUARTER ENDED 30TH SEPTEMBER, 2026 Name of listed entity Craftsman Automation Limited Mode of Fund Raising Qualified Institutions Placement Date of Raising Funds 1 th June, 2026 Amount Raised Rs. 1,999,99,95,000 Report filed for Quarter ended 30th September, 2026 Monitoring Agency Applicable / Net A1313lisaele Monitoring Agency Name CRISIL Ratings Limited Is there a Deviation / Variation in use of No funds raised If yes, whether the same is pursuant to Not Applicable change in terms of a contract or objects, which was approved by the shareholders If Yes, Date of shareholder Approval Not Applicable Explanation for the Deviation / Variation Not Applicable Comments of the Audit Committee after None review Comments of the Auditors, if any None Craftsman Automation Limited Registered Office Corporate Office f• +91 422 716 5000 Sangothipalayam Road 1087, IV., Floor Fax: +91 422 716 5056 A .. P ,1 Coimbatore -641407 Krishna Towers, Avanashi Road info@craftsmanautomation.com CIN No.: L28991TZ1986PLC001816 Tamil Nadu, India Coimbatore -641037, Tamil Nadu, India www.craftsmanautomation.com GST No.: 33AABCC2461 K2ZV Objects for which funds have been raised and where there has been a deviation, in the following table (Rs. in Lakhs) Original Object Modified Original Modified Funds Amount of Remarks Object, Allocation allocation, if Utilised Deviation/ if any if any any* Variation for the quarter according to applicable object Repayment/ per- None 150,000.00 150,000.00 150,000.00 None No payment, in full or in Deviation part, of certain borrowings availed by the Company General corporate 46,461.61 46,590.09* 46,590.09 purposes Sub total 1,96,461.61 1,96,590.09 1,96,590.09 Issue Expenses 3,538.34 3,409.86* 3,409.86 Total 1,99,999.95 1,99,999.95 1,99,999.95 Deviation or variation could mean: (a) Deviation in the objects or purposes for which the funds have been raised or (b) Deviation in the amount of funds actually utilized as against what was originally disclosed or (c) Change in terms of a contract referred to in the fund-raising document i.e. prospectus, letter of offer, etc. During the quarter ended 30111 September, 2026, actual utilisation towards offer related expenses was less than the estimated amount disclosed in the Placement Document, hence the surplus amount of Rs 128.48 lakhs from offer related expenses were transferred to General Corporate Purposes ("GCP'? object resulting in increase in GCP amount to Rs 46,590.09 lakhs and consequential increase in the net proceeds amount and the amount utilised for GCP does not exceed 25% of the Gross Proceeds (amounting to Rs. 49,999.99 lakhs) from the Issue. Name of Signatory: C.B.Chandrasekar Designation: Chief Financial Officer Craftsman Automation Limited Registered Office Corporate Office Phone: +91 422 716 5000 123/4, Sangothipalayam Road 1087, IV lli Floor Fax: +91 422 716 5056 Arasur . Coimbatore -641407 Krishna Towers, Avanashi Road info@craftsmanautomation.com CIN No.: L28991TZ1986PLC001816 Tamil Nadu, India Coimbatore -641037, Tamil Nadu, India www.craftsmanautomation.com GST No.: 33AABCC2461K2ZV