Crestchem Ltd — Important, 04-05-2026: Company Update

Crestchem Limited responded to a stock exchange query about recent share price movement. The company confirmed there is no undisclosed material information affecting its operations or performance. However, Crestchem did announce it has initiated the process to form a new subsidiary, OLEO BIOSCIENCES PRIVATE LIMITED, in Bangalore. This development is expected to be formally disclosed in due course. The company attributes any share price fluctuations to general market conditions, stating it is not connected to such movements.