BSECompany Update2d ago · 5 Nov 2026, 02:27 pm

In accordance with Regulation 32(6) of SEBI (LODR) Regulations, 2015, and Regulation 173A of the SEBI (ICDR) Regulations, 2018 as amended, please find enclosed herewith the Monitoring Agency Report for the quarter ended 30th September, 2026 issued by CRISIL Ratings Limited, monitoring agency appointed by the Company for monitoring the utilization of funds raised through QIP.

Craftsman Automation Ltd · 543276

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Craftsman Automation Ltd has submitted a Monitoring Agency Report for the quarter ended 30th September, 2026, as per Regulation 32(6) of SEBI (LODR) Regulations, 2015, and Regulation 173A of the SEBI (ICDR) Regulations, 2018. The report, issued by CRISIL Ratings Limited, confirms that the proceeds raised through the Qualified Institutions Placement (QIP) have been fully utilized for the objects for which they were raised.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment6/10

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Craftsman Automation Ltd - 543276 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report

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5th November, 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: Monitoring Agency Report for the quarter ended 30th September, 2026; Pursuant to Regulation 32(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”) and Regulation 173A of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”), please find enclosed the Monitoring Agency Report for the quarter ended 30th September, 2026 issued by CRISIL Ratings Limited, the Monitoring Agency appointed by the Company for monitoring the utilisation of proceeds raised through the Qualified Institutions Placement (QIP). The aforesaid report is also being made available on the website of the Company. We further wish to inform you that the proceeds raised through the QIP have been fully utilised for the objects for which they were raised. Accordingly, this is the final Monitoring Agency Report in respect of the said QIP, and no further Monitoring Agency Report will be required to be submitted in respect thereof. Kindly take the above information on record. 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 Monitoring Agency Report Craftsman Automation Limited for the quarter ended September 30, 2026 CRL/MAR/CRAPL/2026-27/2001 November 04, 2026 Craftsman Automation Limited 123/4, Sangothipalayam Road, Arasur Post, Coimbatore 641 407, Tamil Nadu, India Dear Sir, Sub: Final Monitoring Agency Report for the quarter ended September 30, 2026 - in relation to the Qualified Institutional Placement (“QIP”) of Craftsman Automation Limited (“the Company”) Pursuant to Regulation 173A of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”) and Monitoring Agency Agreement dated June 12, 2026, enclosed herewith the Final Monitoring Agency Report, issued by Crisil Ratings Limited, Monitoring Agency, as per Schedule XI of the SEBI ICDR Regulations towards utilization of proceeds of QIP for the quarter ended September 30, 2026. Request you to kindly take the same on records. Thanking you, For and on behalf of Crisil Ratings Limited Shounak Chakravarty Director, Ratings (LCG) Final Report of the Monitoring Agency (MA) Name of the issuer: Craftsman Automation Limited For quarter ended: September 30, 2026 Name of the Monitoring Agency: Crisil Ratings Limited (a) Deviation from the objects: No (b) Range of Deviation: Not applicable Declaration: We declare that this report provides an objective view of the utilization of the issue proceeds in relation to the objects of the issue based on the information provided by the Issuer and information obtained from sources believed by it to be accurate and reliable. The MA does not perform an audit and undertakes no independent verification of any information/ certifications/ statements it receives. This Report is not intended to create any legally binding obligations on the MA which accepts no responsibility, whatsoever, for loss or damage from the use of the said information. The views and opinions expressed herein do not constitute the opinion of MA to deal in any security of the Issuer in any manner whatsoever. Nothing mentioned in this report is intended to or should be construed as creating a fiduciary relationship between the MA and any issuer or between the agency and any user of this report. The MA and its affiliates also do not act as an expert as defined under Section 2(38) of the Companies Act, 2013. The MA or its affiliates may have credit rating or other commercial transactions with the entity to which the report pertains and may receive separate compensation for its ratings and certain credit-related analyses. We confirm that we do not perceive any conflict of interest in such relationship/interest while monitoring and reporting the utilization of the issue proceeds by the issuer. We have submitted the report herewith in line with the format prescribed by SEBI, capturing our comments, where applicable. There are certain sections of the report under the title “Comments of the Board of Directors”, that shall be captured by the Issuer’s Management / Audit Committee of the Board of Directors subsequent to the MA submitting their report to the issuer and before dissemination of the report through stock exchanges. These sections have not been reviewed by the MA, and the MA takes no responsibility for such comments of the issuer’s Management/Board. Signature: Name and designation of the Authorized Signatory: Shounak Chakravarty Designation of Authorized person/Signing Authority: Director, Ratings (LCG) 1) Issuer Details: Name of the issuer: Craftsman Automation Limited Names of the promoter: Mr. Srinivasan Ravi Industry/sector to which it belongs: Automotive Component Manufacturing and Industrial Engineering 2) Issue Details Issue Period: June 15, 2026, to June 18, 2026 Type of issue (public/rights): Qualified Institutional Placement (QIP) Type of specified securities: Equity Shares QIP Grading, if any: NA Issue size: Rs. 1,99,999.95 lakhs* *Crisil Ratings shall be monitoring the Gross Proceeds 3) Details of the arrangement made to ensure the monitoring of gross proceeds: Source of information/ Comments certifications considered Comments of the Particulars Reply of the Board by Monitoring Agency Monitoring Agency of Directors for preparation of report Peer-reviewed Independent Chartered Proceeds were utilized Accountant Certificate ^, towards repayment / pre- Whether all utilization is as per Management payment, in full or in part, the disclosures in the Offer Yes undertaking, Placement of certain outstanding comments Document? Document dated June 18, borrowings, general 2026 (hereinafter referred corporate purposes and as “Offer Document”), issue expenses Bank Statements Source of information/ Comments certifications considered Comments of the Particulars Reply of the Board by Monitoring Agency Monitoring Agency of Directors for preparation of report Whether shareholder approval has been obtained in case of material deviations from NA No comments comments expenditures disclosed in the Offer Document? Whether the means of finance for the disclosed objects of the No No comments comments issue has changed? Is there any major deviation observed over the earlier No No comments comments monitoring agency reports? Whether all Government/statutory No NA Peer-reviewed No comments approvals related to the object(s) comments Independent Chartered have been obtained? Accountant Certificate ^, Whether all arrangements Management undertaking pertaining to technical No NA No comments assistance/collaboration are in comments operation? Are there any favorable events improving the viability of these No No comments comments object(s)? Are there any unfavorable events affecting the viability of No No comments comments the object(s)? Is there any other relevant information that may materially No No No comments affect the decision making of the comments investors? NA represents Not Applicable ^Certificate dated October 23, 2026, issued by M/s Suresh Surana & Associates LLP, Peer-reviewed Independent Chartered Accountant (Firm Registration Number: 121750W/W [Showing first 8,000 characters — download PDF for full document]