StockWatch
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Specialty Chemicals
Board Meeting14 May 2026, 04:24 pm

Chemcrux: Board Approves FY26 Audited Results, 10% Dividend

AI Summary

Chemcrux Enterprises Ltd's board meeting on May 14, 2026, approved the audited standalone and consolidated financial statements and results for the quarter and year ended March 31, 2026. The board also recommended a final dividend of 10% (₹1 per share) for FY 2025-26, subject to shareholder approval. Additionally, the board approved the incorporation of a wholly-owned, non-profit subsidiary under Section 8 of the Companies Act, 2013, to fulfill CSR obligations. The meeting commenced at 11:30 A.M. and concluded at 04:10 P.M.

Key Highlights

  • Audited FY26 standalone and consolidated financial results approved.
  • Final dividend of 10% (₹1 per share) recommended for FY26.
  • Wholly-owned, non-profit subsidiary incorporation approved for CSR.
  • Subsidiary's authorized and paid-up share capital: ₹1,00,000.
  • Subsidiary incorporation subject to MCA approval.