Craftsman Automation Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on July 21, 2025
CRAFTSMAN · price
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Craftsman Automation held its 39th Annual General Meeting on July 21, 2025 via video conferencing, and all 7 resolutions were passed by shareholders. Key items approved include the adoption of FY25 audited financial statements, declaration of a final dividend of ₹5 per equity share (100% on face value of ₹5), and the re-appointment of Mr. Ravi Gauthamram as a director (retiring by rotation). Shareholders also approved the re-appointment of M/s. Sharp & Tannan as statutory auditors for a second 5-year term and M/s. KSR & Co as secretarial auditors for 5 years. A total of 312 shareholders participated in the remote e-voting. Additionally, a special resolution was passed to sell or dispose of land and buildings belonging to its wholly owned subsidiary Sunbeam Lightweighting Solutions Private Limited, located in Gurgaon, Haryana. The scrutinizer, Dr. C.V. Madhusudhanan of KSR & Co Company Secretaries LLP, confirmed the results.
The ₹5 final dividend is now confirmed for FY25 shareholders, and the disposal of the Gurgaon subsidiary property is approved, which could unlock cash for the company. Overall, the AGM outcome is routine and in line with management's recommendations, with no surprises for investors.