Crestchem board approves FY26 results, Rs 1.50 dividend, new subsidiary
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Crestchem Ltd board approved audited FY26 results on May 29. Recommended final dividend of Rs 1.50 per share (15%) subject to AGM approval. Formed new subsidiary Oleo Biosciences in Bangalore with 75 percent stake and Rs 2.25 crore investment approved. Reappointed three directors for five year terms. Total assets grew to Rs 16.29 crore from Rs 10.54 crore. PAT rose to Rs 3.76 crore from Rs 3.66 crore. Auditor gave unqualified opinion. Operating cash flow improved to Rs 3.59 crore from Rs 1.66 crore.
Dividend of Rs 1.50 per share rewards shareholders. Strong asset growth and better cash flows show healthy operations. New subsidiary adds diversification.