Craftsman Automation Ltd - Intimation Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015

Pursuant to Regulation 30 and other applicable Regulations of the Securities and Exchange Board of India (Listing and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company has entered into a MOU with Sunbeam Lightweighting Solutions Private Limited (Sunbeam) and Kedaara Capital Fund II LLP, 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).