Summary of the Proceeding of 33rd AGM of Crestchem Limited Held on 21-08-2025 with Scrutiniser Report Nitin S. Shah Company Secretary and Compliance Officer
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Crestchem Limited held its 33rd AGM on August 21, 2025 at 12:15 PM via video conferencing, chaired by Mr. Dipak Narendraprasad Patel (CMD), with 40 members attending. Five resolutions were put to vote through remote e-voting (Aug 18-20) and e-voting at the meeting, and all were passed with requisite majority. Key outcomes include approval of FY25 audited financial statements, declaration of a final dividend of Rs 1 per share (10%) on equity shares of Rs 10 each, and re-appointment of Shri Nirmit Dipak Patel as Executive Director. Smt. Rinkal Maulik Jasani was regularised as a Women Independent Director, and M/s. Mehul Raval & Associates was appointed as Secretarial Auditor. The Scrutiniser's Report noted ~13.4% dissent (127,054 shares) on the secretarial auditor appointment resolution, while all other resolutions saw 99.99% support.
Shareholders approved a 10% final dividend for FY25, providing a modest income signal. Smooth re-appointment of the executive director and addition of a women independent director strengthen board continuity. The notable dissent on the secretarial auditor's appointment may be worth monitoring but is not material.