ALPHA TRIBE

Crestchem LtdImportant, 19-06-2026: Company Update

19-06-2026 | 04:33 pm

Crestchem Limited's board has approved the financial results for the quarter and financial year ended March 31, 2026. The board proposed a final dividend of Rs. 1.50 per equity share (15%) for FY2025-26, pending shareholder approval. The company noted the formation of a new subsidiary, OLEO BIOSCIENCES PRIVATE LIMITED, which has not yet commenced operations. The board also approved an investment of up to Rs. 2.25 Cr in this subsidiary and reappointed Mr. Dipak Narendraprasad Patel, Mrs. Parul Dipak Patel, and Mrs. Tansi Nirmit Patel for five-year terms. This reflects key financial updates and strategic leadership continuity.

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