Dividend29 May 2026, 04:15 pm
Crestchem Recommends 15% Dividend for FY26
AI Summary
Crestchem Ltd's board has approved and adopted the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The board recommended a final dividend of ₹1.50 per equity share (15%) for the financial year 2025-26, subject to shareholder approval. Additionally, the board approved the formation of a subsidiary, OLEO BIOSCIENCES PRIVATE LIMITED, and various reappointment and remuneration approvals for key personnel.
Key Highlights
- Audited financial results for FY26 approved by the board.
- Final dividend of 15% (₹1.50 per share) recommended for FY26.
- Subsidiary company, OLEO BIOSCIENCES PRIVATE LIMITED, formed.
- Reappointment and remuneration of key managerial personnel approved.
- Investment of up to ₹2.25 Crores approved for the subsidiary.
Price Impact
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