Craftsman Automation Limited announced that its wholly-owned subsidiary, Sunbeam Lightweighting Solutions Private Limited (“Sunbeam”), has approved the conversion of Compulsorily Convertible Preference Shares (CCPS) and Optionally Convertible Debentures (OCDs) held by Craftsman Automation into equity shares of Sunbeam. The decision was made by the Board of Directors of Sunbeam at their meeting held on December 19, 2025. The conversion involves 13,53,80,000 CCPS with a face value of ₹10, all of which are to be converted based on a ratio of [0.00001]:1, resulting in 1,354 equity shares. Additionally, 37,60,00,000 Optionally Convertible Debentures, out of a total holding of 60,60,00,000 with a face value of ₹10, will be converted at a 1:1 ratio, resulting in 37,60,00,000 equity shares. Following these conversions, Craftsman Automation Limited's shareholding in Sunbeam will remain at 100%, with no change in the overall shareholding pattern. This event will increase the equity share capital of Sunbeam but will not alter the listed entity's stake in its subsidiary.