Crestchem Ltd — Important, 07-05-2026: Company Update

Crestchem Limited's 75%-owned subsidiary, OLEO BIOSCIENCES PRIVATE LIMITED, has officially commenced its business operations. The subsidiary is now focused on setting up a pilot plant and product development machinery in Bangalore. Its primary objective is to manufacture Oleo chemicals, a type of speciality chemical. Shareholders can anticipate production to commence during FY 2026-27 and FY 2027-28, marking a significant step in Crestchem's expansion into this specialized chemical segment.