Craftsman Automation Ltd

🔍 Sunbeam Lightweighting Solutions Completes Major Share Conversion – Key Details Inside

- Sunbeam Lightweighting Solutions (wholly owned by Craftsman Automation) converted 13,53,80,000 CCPS (face value ₹10) into 1,354 equity shares at a 0.00001:1 ratio.

- Also converted 37,60,00,000 OCDs (face value ₹10) into 37,60,00,000 equity shares at a 1:1 ratio.

- Craftsman Automation retains 100% ownership post-conversion—no change in shareholding.

- Sunbeam’s Board approved the conversion on 19th December 2025.

- Equity share capital of Sunbeam increases, but no impact on Craftsman Automation’s listed entity.