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Craftsman Automation Ltd. ( (IN:CRAFTSMAN) ) has issued an update.
Craftsman Automation Limited has announced that its wholly owned subsidiary, DR Axion India Private Limited, has completed the acquisition of 100% of the equity share capital of Suprash Developers Private Limited, together with Suprash’s wholly owned subsidiary, Srikara Technologies Private Limited. The transaction, previously disclosed upon execution of the share purchase agreement, consolidates Craftsman Automation’s control over these entities and may enhance its operational capabilities and technology portfolio through the integration of Suprash and Srikara into its existing subsidiary structure.
More about Craftsman Automation Ltd.
Craftsman Automation Limited is an India-based engineering company primarily engaged in precision manufacturing and engineering solutions, serving sectors such as automotive and industrial machinery through its subsidiaries and specialized technology units.
Average Trading Volume: 4,680
Technical Sentiment Signal: Buy
Current Market Cap: 167B INR
See more insights into CRAFTSMAN stock on TipRanks’ Stock Analysis page.