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NDTV PROFIT - LATEST · INDIAN ·

Craftsman Auto To Raise Up To Rs 2,000 Crore Via QIP; Sets Floor Price

As reported by NDTV Profit - Latest
A dilution of between 8.7% and 9% is seen via this QIP, according to sources.
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Craftsman Automation is planning to raise up to Rs 2,000 crore through a Qualified Institutional Placement (QIP). This strategic move aims to secure significant funding for the company's growth and expansion initiatives. The QIP is expected to result in a dilution of 8.7% to 9%…

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