StockWatch
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Specialty Chemicals
Dividend14 May 2026, 04:41 pm

Chemcrux Recommends 10% Final Dividend

AI Summary

Chemcrux Enterprises Ltd's Board of Directors recommended a final dividend of 10% (Re. 1/- per share) on equity shares of Rs. 10/- each for the financial year 2025-26, subject to shareholder approval at the upcoming Annual General Meeting. The board also approved the incorporation of a wholly-owned, non-profit subsidiary under Section 8 of the Companies Act, 2013, to fulfill CSR obligations.

Key Highlights

  • Chemcrux recommends a final dividend of 10% (Re. 1/- per share).
  • Dividend is subject to shareholder approval at the AGM.
  • Board approved incorporation of a wholly-owned, non-profit subsidiary.
  • Subsidiary will operate under Section 8 of the Companies Act, 2013.
  • The subsidiary is intended to fulfill CSR obligations.