Craftsman Automation has announced a further equity investment of ₹39,500 (3,950 equity shares) in RC Green Powers Private Limited (RCGPPL). This investment, made for the purpose of wind power generation under the Group Captive Scheme, increases the company’s total shareholding in RCGPPL to 3.51%. The company retains the flexibility to acquire or dispose of shares in RCGPPL in the future to maintain compliance with electricity consumption criteria.
Further Equity Infusion in Renewable Energy Arm
Craftsman Automation Limited has confirmed an additional investment in RC Green Powers Private Limited (RCGPPL) as part of its strategy to comply with energy requirements. The company has invested ₹39,500/-, which equates to 3,950 equity shares of face value Rs.10/- each, representing 2.63% of RCGPPL’s equity share capital.
Total Shareholding Update
This latest transaction was completed following previous disclosures. Following the current infusion, Craftsman Automation’s total equity shareholding in RCGPPL now stands at 3.51%. The investment is specifically targeted towards developing wind power infrastructure under the guidelines stipulated by the Electricity Act, 2003, for the Group Captive Scheme.
Future Compliance and Flexibility
The announcement, dated 27th March, 2026, clarifies that the Company reserves the right to manage its holdings in RCGPPL. This includes the option to acquire or dispose of equity shares from time to time to ensure the continued adherence to prescribed ownership and consumption criteria mandated by the Electricity Act, 2003.
Source: BSE
