CRAFTSMANBSECraftsman Automation LtdHighPositive
Announced Thu, 7 May · 12:49 IST

We wish to inform you that the Board of Directors at their meeting held on 7th May, 2026 has inter-alia approved and recommended a final dividend of Rs.11.25 per equity share of Rs.5 each ....

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+15.9%1-day move
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AI summary

Craftsman Automation's Board has recommended a final dividend of Rs. 11.25 per equity share of face value Rs. 5 each, representing a 225% payout, for the financial year ended 31st March 2026. The dividend is subject to shareholder approval at the 40th Annual General Meeting. The company has announced a book closure period from 17th July 2026 to 23rd July 2026, with the record date set as 16th July 2026 for determining shareholder eligibility for the dividend.

Likely market impact

The recommendation of a 225% dividend signals strong financial performance for FY2026 and provides direct cash returns to shareholders. Investors holding shares before the record date of 16th July 2026 will be eligible to receive the dividend upon AGM approval.