12.

13.

14.

15.

16.

17.

18.

computer numerical control systems, numerically controlled machines, robots, automatic and semi-
automatic machines, special purpose machines, remote control systems and microprocessor based
systems, machines, robots using artificial intelligence, remote signaling systems, monitoring systems,
microcomputers and control panels for the automation of machinery, machine-tools and manufacturing
processes on the shop floor and production facilities.

To carry on business as manufacturers, buyers, sellers, agents and dealers of control system components
such as servo motors, stepper motors, power cylinders, solenoid and other types of valves, all types of
power drives, microprocessor systems, power supplies, rotary and linear transducers, digital co-ordinate
measuring and read-out systems.

To carry on the trade or business of manufactures of every kind of mining and other machinery including
air compressors, road rippers, pneumatic rock drills, pneumatic tools, component parts and other
accessories.

To carry on the business as manufacturers, buyers, sellers, and dealers in automobile ancillaries, vehicle
bodies, assemblies, sub-assemblies parts and accessories of passenger and commercial vehicles, tyre
treads, tyre retreading machinery and equipments, automobile maintenance and service equipments and
related machines and tools.

To carry on the business of manufacture of all types and of every description of electrical and electronic
equipment, appliances and apparatus and maintenance thereof, dealers in such equipment, appliances and
apparatus, electronic goods of every description and the manufacture of plants, machinery and tools for
application in all the business.

To undertake and execute all contracts for works including supply or use of machinery or components
of any kind and carry out any kind ancillary work connected with such works and contracts.

To carry on the business of manufacturers and dealers in electrical equipments, electrical motors
stamping dynamos, electrical instruments, sound equipments, conductors, appliances, apparatus,
accessories thereof, electrical wiring accessories, electrical fans and refrigerating apparatus and
appliances of all kinds.

To manufacture all types of plastic compounds and solutions and all types of plastic equipment and parts
such as pumps, fans, blowers, reinforced vessels and tank filters, special high temperature resisting tubes
and fitting and related parts and other plastic moulded articles, components, and raw materials.

The main objects clause as contained in the Memorandum of Association enable our Company to undertake its
existing activities.

Amendments to our Memorandum of Association

The following changes have been made to our Memorandum of Association in the last 10 years:

 

Date of Nature of amendment
change/Shareholders’
resolution
March 27,2012 The authorized share capital of our Company was increased from % 50,000,000 divided into

500,000 equity shares of = 100 each to 2 100,000,000 divided into 1,000,000 equity shares of
100 each

December 11, 2017 The authorized share capital of our Company was increased from 2 100,000,000 divided into

1,000,000 equity shares of 2 100 each to = 200,000,000 divided into 2,000,000 equity shares of
2 100 each.

April 30, 2018 Our Company was converted from a private limited company to a public limited company and
consequently the name of our Company was changed from Craftsman Automation Private
Limited to Craftsman Automation Limited.

April 30, 2018 The authorized share capital of our Company was reclassified from % 200,000,000 divided into
2,000,000 equity shares of 2 100 each to & 200,000,000 divided into 40,000,000 Equity Shares
of @S each.

April 30, 2018 The main objects of the Company was amended to reflect the present main objects of the MoA.

For further information, see “- Our Main Objects” on page 194.

 

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