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BSE SENSEX
79,032.73
-210.45
-0.27 %
Corporate Announcement
Security Code
543276
Company
Craftsman Automation Ltd
Exchange Received Time
24/06/2024 19:04:43
Exchange Disseminated Time
24/06/2024 19:04:43
Time Taken
00:00:00
Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements |
6/24/2024 7:04:43 PM
Pursuant to Regulation 30 and other applicable regulations of the Securities and Exchange Board of India (LODR) Regulations, 2015, we wish to inform you that the Company has entered into a Memorandum of Understanding (MoU)with Sunbeam Lightweighting Solutions Private Limited (Sunbeam) and Kedaara Capital Fund II LLP (Kedaara), for acquiring the whole or part of the business of Sunbeam (excluding certain assets of Sunbeam situated at Gurugram) in one or more tranches (Proposed Transaction).
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