Craftsman Automation Limited — Others, 26-06-2025: Shareholders meeting

Craftsman Automation Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company proposes a final dividend of ₹5 per share (100%) for FY 2024-25, subject to shareholder approval. Mr. Ravi Gauthamram retires by rotation and seeks re-appointment as Whole-time Director; his FY 2024-25 remuneration was ₹192 Lakhs (salary, commission, and others). The firm M/s. Sharp & Tannan is recommended for re-appointment as Statutory Auditors for five years with fees of ₹80 Lakhs plus taxes for FY 2025-27. M/s. KSR & Co Company Secretaries LLP is proposed as Secretarial Auditors for five years with fees of ₹7 Lakhs plus taxes for FY 2025-27. Cost Auditor M/s. S. Mahadevan & Co. will be paid ₹7 Lakhs plus taxes for FY 2025-26. The company plans to sell about 16.184 acres of land and buildings of its wholly owned subsidiary Sunbeam Lightweighting Solutions at Gurgaon, following plant relocation to Rajasthan; sale proceeds may be used for capex, working capital, debt repayment, or debenture redemption. This disposal requires shareholder approval due to its materiality.