Craftsman Automation has announced a series of significant decisions following its Board meeting on 7th May 2026. The company approved the audited standalone and consolidated financial results for the quarter and year ended 31st March 2026. Additionally, the Board has recommended a final dividend of ₹11.25 per equity share of ₹5 each, representing a 225% dividend for the financial year ended 31st March 2026, pending shareholder approval at the upcoming Annual General Meeting.
In terms of leadership, the Board has re-appointed Mr. Srinivasan Ravi as the Chairman and Managing Director for another five-year term, subject to shareholder approval. Similarly, Mr. Ravi Gauthamram has been re-appointed as the Whole Time Director for a five-year period, again pending shareholder approval.
The company also announced the appointment of Mr. Arjun Shridhar as Senior Management Personnel. Mr. Shridhar, who currently serves as the General Manager of the Technology Development Division at Craftsman Storage Solutions, will assume this new role.
Furthermore, M/s. S. Mahadevan & Co has been re-appointed as the Cost Auditors for the financial year 2026-27.
Craftsman Automation will hold its 40th Annual General Meeting on 23rd July 2026 via video conference or other audio-visual means. The Register of Members will be closed from 17th July to 23rd July 2026, with 16th July set as the record date for determining dividend eligibility and voting rights.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).