Craftsman Automation AGM: ₹11.25 FY26 Dividend Approved

What shareholders approved at the 40th AGM

Craftsman Automation Limited said shareholders approved key resolutions at its 40th Annual General Meeting held on July 23, 2026. The biggest item was the final dividend for the financial year ended March 31, 2026 (FY26). Shareholders also cleared leadership re-appointments through special resolutions, alongside routine statutory items. The company said all resolutions were passed based on votes cast through remote e-voting and e-voting during the meeting. The AGM outcome matters for investors tracking capital allocation after the company’s equity issuance in June 2026. It also sets management continuity ahead of the next five-year term starting October 2026.

FY26 final dividend set at ₹11.25 per share

The AGM approved a final dividend of ₹11.25 per equity share for FY26. The company described this as 225% on a face value of ₹5 per share. The dividend approval aligns with the board recommendation that was subject to shareholder consent. With the approval in place, the declared dividend becomes actionable subject to the company’s standard payout process and timelines. The announcement is relevant because it follows a change in the equity base due to a Qualified Institutions Placement (QIP) completed in June 2026.

Dividend outflow rises to ₹29.42 crore after June QIP

Craftsman Automation said the total dividend outflow rose to about ₹29.42 crore after the QIP increased the number of shares eligible for the payout. The company had earlier estimated an aggregate outflow of about ₹26.84 crore before the QIP impact was factored in. According to the disclosure, the QIP added 22,98,850 equity shares to the capital base in June 2026. As a result, the final dividend per share stayed the same at ₹11.25, but the total amount payable increased because there were more shares outstanding. This detail is important for shareholders assessing the cash commitment and how corporate actions can alter per-share payouts at the aggregate level.

Leadership continuity: CMD and WTD re-appointed from Oct 2026

Shareholders approved special resolutions to re-appoint Srinivasan Ravi as Chairman and Managing Director (CMD) and Ravi Gauthamram as Whole Time Director (WTD). The company said both re-appointments are for five years, effective October 1, 2026. In addition, Srinivasan Ravi was re-appointed as a director by rotation through an ordinary resolution. These approvals indicate shareholders backed continuity in the senior leadership team for the next term beginning October 2026. The AGM note also stated that the meeting ratified leadership appointments to ensure continuity in management through October 2026.

How voting was conducted and key dates

Craftsman Automation said members voted either through remote e-voting or during the AGM. The cut-off date for remote e-voting eligibility was July 16, 2026. The remote e-voting window closed on July 22, 2026, ahead of the AGM on July 23. The company said all business items, including ordinary and special resolutions, were passed with shareholder support. The scrutinizer’s report and e-voting results were to be submitted to BSE and NSE, and published on the company website as well as on the CDSL e-voting platform.

Resolutions passed: summary table

Auditors and compliance: who attended the AGM

The company said the statutory auditor, Viswanathan Vaidyanathan of Sharp & Tannan, attended the meeting to address shareholder queries. It also stated that the secretarial auditor, Dr. C.V. Madhusudhanan of KSR & Co, was present. Craftsman Automation added that the scrutinizer’s report and detailed voting outcomes would be filed with the exchanges and hosted online. These steps are part of the standard post-AGM compliance process for listed companies.

The June 2026 EGM: fund-raise approval up to ₹2,000 crore

Separately, the company referenced voting results of an Extraordinary General Meeting (EGM) held on June 13, 2026. At that EGM, shareholders approved a special resolution to raise funds up to ₹2,000 crore through issuance of equity shares or other eligible securities. The company said the resolution passed with 97.71% of votes in favour. It also said the fund-raise could be executed through various methods, including equity shares, debt, preferential allotment, and rights issue, among others. Remote e-voting for that EGM was available from June 10 to June 12, 2026, and the meeting was conducted through video conference.

What the FY26 dividend and QIP-linked increase signals

The FY26 dividend decision sets a defined cash payout per share, while the QIP-linked change highlights how the share count can affect the total dividend outflow. For investors, the key takeaway is that although the per-share dividend is fixed at ₹11.25, the aggregate payout moved higher after 22,98,850 shares were added in June 2026. The approvals on leadership re-appointments also signal shareholder support for continuity into the next term beginning October 1, 2026. The earlier EGM approval for a fund-raise limit of up to ₹2,000 crore provides an additional context around the company’s financing flexibility, even as it committed to a larger dividend outflow.

Key facts at a glance

Background: prior year dividend reference

The company’s disclosures also referenced that for FY 2024-25, a final dividend of ₹5 per equity share (face value ₹5) was declared, with a total outlay of ₹11.93 crore. That context helps compare the FY26 per-share dividend level with the prior year’s declared amount. However, the FY26 aggregate payout number is also influenced by the updated equity base after the June 2026 QIP.

Conclusion

Craftsman Automation’s 40th AGM approved a ₹11.25 per share final dividend for FY26, taking the total dividend outflow to about ₹29.42 crore after the June QIP expanded the share base. Shareholders also approved five-year re-appointments for Srinivasan Ravi as CMD and Ravi Gauthamram as WTD from October 1, 2026. The company said voting outcomes and the scrutinizer’s report would be filed with BSE and NSE and published on its website and the CDSL platform. Separately, the June 2026 EGM approval for fundraising up to ₹2,000 crore remains a key enabling resolution for future capital-raising actions, as and when the company chooses to proceed.