NSEGeneral Updates2d ago · 28 Aug 2026, 04:08 pm

General Updates

Craftsman Automation Limited · CRAFTSMAN

✦ AI SummaryJoint Venture

Craftsman Automation Limited has informed the Exchange about the incorporation of Craftsman Fronberg Precision GmbH, a Wholly Owned Subsidiary of Craftsman Germany GmbH, in Germany on 27th August, 2026.

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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Craftsman Automation Limited has informed the Exchange about Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI (LODR) Regulations") and with reference to our earlier intimation dated 21st August, 2026 regarding approval for incorporation of Craftsman Fronberg Precision GmbH, Germany, we wish to inform you that Craftsman Fronberg Precision GmbH has been incorporated in Germany on 27th August, 2026 as a Wholly Owned Subsidiary of Craftsman Germany GmbH, a Wholly Owned Subsidiary of the Company.

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CRAFTSMAN_28082026160614_CAL_Update_on_incorporation_of_a_Step_Down_Subsidiary_signed.pdf

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28th August, 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: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Incorporation of Step-down Wholly Owned Subsidiary in Germany; Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI (LODR) Regulations") and with reference to our earlier intimation dated 21st August, 2026 regarding approval for incorporation of Craftsman Fronberg Precision GmbH, Germany, we wish to inform you that Craftsman Fronberg Precision GmbH has been incorporated in Germany on 27th August, 2026 as a Wholly Owned Subsidiary of Craftsman Germany GmbH, a Wholly Owned Subsidiary of the Company. Accordingly, Craftsman Fronberg Precision GmbH has become a Step-Down Wholly Owned Subsidiary of Craftsman Automation Limited with effect from 27th August, 2026. The detailed disclosure as required under Regulation 30 read with Schedule III of the SEBI (LODR) Regulations, 2015 and the SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 issued on 11th July, 2023 (as updated on 30th January, 2026) is enclosed as “Annexure-A” herewith for your perusal. Kindly take the above information on record. Thanking you. Yours faithfully, for CRAFTSMAN AUTOMATION LIMITED Shainshad Aduvanni Company Secretary & Compliance Officer Encl: Nil 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.co CIN NO: L28991TZ1986PLCO01816 www.craftsmanautomation.co GST NO: 33AABCC2461K1ZW ANNEXURE -A DETAILS AS REQUIRED UNDER REGULATION 30 READ WITH SCHEDULE III PART A OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (SEBI) (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 AND SEBI MASTER CIRCULAR NO. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 ISSUED ON 11th JULY, 2023 (AS UPDATED ON 30TH JANUARY, 2026): Particulars Details Name of the target entity, details in brief Craftsman Fronberg Precision GmbH, being a such as size, turnover etc. newly incorporated entity, turnover is not applicable. Whether the acquisition would fall within Not applicable, since this relates to incorporation of related party transaction(s) and whether a new wholly owned subsidiary by Craftsman the promoter/promoter group/group Germany GmbH. companies have any interest in the entity being acquired Industry to which the entity belongs Machining and processing of engine and engineering components Objects and impact of acquisition Craftsman Fronberg Precision GmbH has been (including but not limited to disclosure of incorporated for undertaking machining and reasons for acquisition of target entity, if processing activities relating to engine and its business is outside the main line of engineering components. The incorporation is business of the listed entity) intended to support the development of in-house machining capabilities, strengthen operational flexibility and support future growth of the Group's Germany operations. Brief details of any governmental or Not applicable regulatory approvals required for the acquisition Indicative time period for completion of Not applicable the acquisition Nature of consideration Cash subscription to share capital. Cost of acquisition or the price at which Initial share capital of EUR 25,000. the shares are acquired Percentage of shareholding/control 100% of the shareholding is held by Craftsman acquired and/or number of shares Germany GmbH. acquired Brief background about the entity Craftsman Fronberg Precision GmbH was acquired incorporated in Germany as a wholly owned subsidiary of Craftsman Germany GmbH on 27th August, 2026, and has become a step-down wholly owned subsidiary of Craftsman Automation Limited with effect from the same date. 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.co CIN NO: L28991TZ1986PLCO01816 www.craftsmanautomation.co GST NO: 33AABCC2461K1ZW