Craftsman Automation Limited has scheduled its 40th Annual General Meeting for July 23, 2026, to seek shareholder approval for a final dividend of ₹11.25 per equity share and the re-appointment of its top leadership for a five-year term. The meeting will be conducted through Video Conference and Other Audio-Visual Means, allowing members to participate remotely. The record date for determining shareholder eligibility for the dividend and voting rights has been fixed as July 16, 2026.

The Board of Directors has recommended the final dividend of ₹11.25 per share, amounting to 225% of the face value of ₹5 each, for the financial year ended March 31, 2026. This payout is subject to the approval of the members at the AGM. If approved, the dividend will be paid within 30 days from the date of the meeting. The Register of Members will remain closed from July 17, 2026, to July 23, 2026, for this purpose.

Re-appointment of Directors

The company has proposed the re-appointment of Mr. Srinivasan Ravi as the Chairman and Managing Director for a period of five years with effect from October 1, 2026. His current term is set to expire on September 30, 2026. The resolution seeks shareholder approval for a remuneration structure that includes a fixed salary, perquisites, and a commission linked to profits, not exceeding 5% of the net profits computed under Section 198 of the Companies Act, 2013.

Additionally, the Board has recommended the re-appointment of Mr. Ravi Gauthamram as Whole Time Director for a five-year term commencing October 1, 2026. The proposed remuneration for Mr. Gauthamram includes a fixed salary and a commission capped at 1.75% of the company's profits. Both appointments are subject to the approval of shareholders via special resolutions.

Financial Performance and Ratification

The notice highlights the company's financial performance for the year ended March 31, 2026, reporting a total revenue of ₹4,818 crore and a Profit After Tax of ₹221 crore. The explanatory statement notes that the consolidated revenue increased from ₹1,560 crore in FY 2020-21 to ₹8,069 crore in FY 2025-26, demonstrating a 5-fold growth during the post-IPO period.

Shareholders will also consider the ratification of the remuneration payable to the Cost Auditors, M/s. S. Mahadevan & Co., for the financial year ending March 31, 2027. The proposed remuneration is fixed at ₹7,00,000 plus applicable taxes and reimbursement of out-of-pocket expenses. The Board has appointed Dr. C.V. Madhusudhanan as the Scrutinizer to oversee the e-voting process.

Key AGM Dates

Craftsman Automation Limited filed its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, with the stock exchanges. The report outlines the company's environmental, social, and governance (ESG) performance, highlighting a focus on occupational safety, energy efficiency, and stakeholder engagement. The company reported zero fatalities across its operations for the year and maintained full compliance with applicable environmental laws.

Operational and Financial Overview

The company operates 20 plants and 3 offices nationally, serving 28 states and 8 union territories in India alongside 22 international markets. Exports contributed 5.6% to the total turnover. For the financial year, the reported turnover was ₹4,81,808 lakhs, and the net worth stood at ₹2,95,608 lakhs. Craftsman Automation's workforce comprised 1,108 permanent employees and 2,115 permanent workers, with women representing 3.52% of the total employee strength.

Environmental Performance

Craftsman Automation reported a total energy consumption of 8,84,307.57 GJ for FY26, with renewable sources accounting for 4,06,565.89 GJ. The company achieved a 46% share of renewable energy in total electricity consumption through rooftop solar and green power sourcing. Total Scope 1 emissions were 39,563.44 metric tonnes of CO2 equivalent, while Scope 2 emissions were 77,201.74 metric tonnes of CO2 equivalent. The combined emission intensity per rupee of turnover improved to 0.24 metric tonnes of CO2 equivalent per ₹lakh from 0.32 in the previous year.

Water withdrawal totaled 3,64,830.29 kilolitres, with consumption at 2,54,018.96 kilolitres. The company generated 74,454.29 metric tonnes of waste, of which 73,103.07 metric tonnes were recycled. TUV India Private Limited provided reasonable assurance on the energy, water, and GHG emissions data.

Social and Governance Metrics

The company recorded zero instances of sexual harassment, child labour, or forced labour. Lost Time Injury Frequency Rate (LTIFR) stood at 0.134 for employees and 0.12 for workers. Craftsman Automation spent 0.88% of its total revenue on employee well-being measures. The Board of Directors provides oversight on sustainability matters, supported by the Risk Management Committee and the CSR Committee.

The report confirms that no fines or penalties were paid to regulators during the financial year. The company continues to pursue ESG targets, including 100% ESG due diligence of critical suppliers by FY 2029–30.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE00LO01017/3bff4f3f2340404b.pdf