NSEStatement of deviation(s) or variation(s) under Reg. 3229 Jul 2026 · 29 Jul 2026, 05:42 pm
Statement of deviation(s) or variation(s) under Reg. 32
Craftsman Automation Limited · CRAFTSMAN
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Craftsman Automation Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32, stating that there has been no deviation or variation in the utilization of funds raised through Qualified Institutions Placement (QIP) for Rs. 2000.00 Crores.
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Craftsman Automation Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32
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CRAFTSMAN_29072026173751_SEintimationStatementofdeviationorvariationsigned.pdf
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29th July, 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, we wish to inform you that
there has been no deviation or variation in the utilization of funds raised through Qualified
Institutions Placement (QIP) for Rs. 2000.00 Crores.
The statement of no deviation(s) or variation(s) in utilization of funds raised through QIP
for the quarter ended 30th June, 2026 is enclosed herewith as “Annexure A”.
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 JQTH JUNE, 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 June, 2026
Monitoring Agency Applicable / Net A!3!3Iisaele
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
Corporate Office +91 422 716 5000
1087, IV• Floor +91 422 716 5056
Krishna Towers, Avanashi Road info@craftsmanautomation.com L28991TZ1986PLC001816
Coimbatore -641037, Tamil Nadu, India www.craftsmanautomation.com 33AABCC2461 K2ZV
Objects for which funds have been raised and where there has been a deviation, in the
following table
Original Object Modified Original Modified Funds Amount of Remarks
Object, Allocation allocation, Utilised Deviation/ if any
if any (Rs. in Lakhs) if any (Rs. in Variation for the
lakhs) quarter according
to applicable
object
RepaymenU per None 150,000.00 None 103,024.41 None No
payment, in full or in Deviation
part, of certain
borrowings availed
by the Company
General corporate 46,461.61 2,904.17
purposes
Sub total 1,96,461.61 1,05,928.58
-------·- ----
Issue Expenses 3,538.34 2,863.57
Total 1,99,999.95 1,08,792.16
----'------''-
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.
Name of Signatory: C.BChandrasekar
Designation: Chief Financial Officer
Corporate Office +91 422 716 5000
1087, IV" Floor +91 422 716 5056
Krishna Towers, Avanashi Road info@craftsmanautomation.com L28991TZ1986PLC001816
Coimbatore -641037, Tamil Nadu, India www.craftsmanautomation.com 33AABCC2461 K2ZV