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Board Meeting Outcome

Crestchem Board Meeting Outcome

Crestchem Ltd's board approved the formation of a new subsidiary, Oleo Bioscienses Private Limited, in Bangalore with a ₹0.1 Crore capital. The company acquired a 75% stake for ₹7.5 Lakhs to establish manufacturing and development facilities. The board is currently re-evaluating the project due to global uncertainties while day-to-day operations are vested with local management.

Key figures
Value₹0.10 Cr
Source

BSE filing, NSE: CRSTCHM. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Crestchem Ltd: key numbers

Share price
₹142.75
Market cap
₹42.82 Cr
Revenue (annual)
₹29.61 Cr
Net profit (annual)
₹2.71 Cr
P/E (TTM)
12.8×Sector 34.1×
Promoter holding
29.72%-0.04% QoQ
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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