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Craftsman Automation Started Commercial Operations at Its Newly Built Plant in Coimbatore

Written by: Team Angel OneUpdated on: Apr 21, 2025, 2:44 PM IST
Craftsman Automation Limited has started commercial operations at its new plant in Kothavadi, Coimbatore, effective from April 19, 2025.
Craftsman Automation Started Commercial Operations at Its Newly Built Plant in Coimbatore
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Craftsman Automation Limited has officially announced the commencement of commercial operations at its newly established plant located in Kothavadi, Coimbatore.

 

This development marks a significant milestone in the company’s expansion efforts and adherence to its commitment towards strengthening manufacturing capabilities.

Expansion of Manufacturing Facilities 

On 19th April 2025, Craftsman Automation Limited began commercial production at its new Kothavadi facility. This move follows an earlier intimation made on 30th October 2023, in compliance with Regulation 30 read with Para B of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The new facility is part of the company’s strategic plan to enhance its operational capacity and address growing market demand.

About Craftsman Automation Limited

Craftsman Automation Limited is a leading engineering company in India that specialises in manufacturing precision components. It serves key sectors such as automotive, industrial and engineering, offering products like engine parts, transmission systems and industrial equipment. 

 

Read More: Craftsman Automation Acquires INOS 24-004 GmbH

Share Price Performance 

As of April 21, 2025, at 12:15 PM, Craftsman Automation Ltd share price is trading at ₹4,800, reflecting a surge of 0.84% from the previous closing price. Over the past month, the stock has registered a decline of 0.30%. The stock’s 52-week high stands at ₹7,121.25 per share, while its low is ₹3,700 per share.

Conclusion

Craftsman Automation’s latest announcements reflect both operational growth and a transparent approach to financial communication. The commencement of the new plant and the scheduled financial updates underline the company’s commitment to expanding its capabilities and maintaining strong engagement with its stakeholders.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

 

Published on: Apr 21, 2025, 2:44 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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