Craftsman Automation invests Rs 39,500 more in RC Green Powers for wind energy

Kinjal — Fri, 27 Mar 2026 12:25:47 +0000

Craftsman Automation has made a further equity investment of Rs 39,500 in RC Green Powers Private Limited (RCGPPL) for wind power generation under the Group Captive Scheme, as per regulatory requirements under the Electricity Act, 2003.

The investment comprises 3,950 equity shares with a face value of Rs 10 each, representing 2.63 per cent of the equity share capital of RCGPPL. Following this additional investment, Craftsman Automation‘s total equity shareholding in RCGPPL has increased to 3.51 per cent.

The company disclosed the development through a regulatory filing to the National Stock Exchange of India and BSE Limited on 27 March 2026, in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Craftsman Automation stated that it may, from time to time, acquire or dispose of equity shares in RCGPPL to ensure continued compliance with the ownership and consumption criteria prescribed under the Electricity Act, 2003. The company’s investment strategy reflects ongoing efforts to maintain regulatory compliance within the captive power generation framework.

This follows an earlier investment in RCGPPL announced on 24 May 2025, which established the company’s initial stake in the wind power venture. The latest investment demonstrates the company’s commitment to renewable energy assets as part of its broader energy strategy.

Wind Power | Business Upturn

Craftsman Automation invests Rs 39,500 more in RC Green Powers for wind energy