Appointed , Non executive woman Independent Director, Mr. Rinkal M Jasani. Appointed M/s Mehul Raval & Associates as Secretarial Auditor
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Awaiting price reaction for this filing.
Crestchem Ltd's board met on May 28, 2025 and approved audited financial results for FY25. Total income rose to Rs. 2,551.59 lakhs from Rs. 2,151.78 lakhs in FY24, with profit after tax climbing to Rs. 272.65 lakhs (vs Rs. 214.63 lakhs) and basic EPS at Rs. 9.09 (vs Rs. 7.15). The board recommended a final dividend of Rs. 1.00 per share (10%) on the face value of Rs. 10, subject to shareholder approval at the upcoming AGM. The statutory auditor M/s Samir M. Shah & Associates issued an unmodified opinion. Additionally, Mrs. Rinkal M. Jasani was appointed as a non-executive woman Independent Director for a five-year term (FY26-FY30), and M/s Mehul Raval & Associates was appointed as Secretarial Auditor for the same five-year period.
The FY25 results show strong top-line and bottom-line growth with no debt, supported by a steady dividend payout — positive for shareholders. The board additions are routine governance changes with no adverse governance signals, so the stock is unlikely to see a reaction from this disclosure beyond the dividend and earnings context.