Chemcrux Enterprises Limited has incorporated a wholly owned subsidiary, Chemcrux Foundation, to fulfill its corporate social responsibility (CSR) obligations. The subsidiary was established as a Section 8 company under the Companies Act, 2013, with a certificate of incorporation issued by the Central Registration Centre on July 17, 2026. The entity is a non-profit organization with objects including the promotion of commerce, art, science, sports, education, research, social welfare, healthcare, and environmental protection.

The incorporation follows a previous intimation dated May 14, 2026, and was disclosed to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Chemcrux Foundation is classified as a related party transaction due to common directors and promoters. The subsidiary is yet to commence business operations.

The acquisition involved a cash consideration for 10,000 equity shares at a price of ₹10 per share, aggregating to ₹1,00,000. This represents 100% shareholding and control acquired by chemcrux enterprises . The entity is incorporated under the jurisdiction of the Registrar of Companies, Ahmedabad (Gujarat).

Key Details of Chemcrux Foundation

The subsidiary's primary object is to undertake CSR activities on behalf of the parent company. No specific governmental or regulatory approvals were required for this acquisition beyond the standard incorporation process.

Chemcrux Enterprises Limited has informed the stock exchanges that its wholly owned subsidiary, Kalichem Private Limited, has filed an application for amendment to Consent to Establish (CTE-Amendment) with the Gujarat Pollution Control Board. The application is part of the subsidiary's proposed diversification into the inorganic chemicals sector. The intimation was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was communicated to BSE Limited on 14th May 2026.

Subsidiary's Expansion into Inorganic Chemicals

Kalichem Private Limited has sought regulatory approval to add various inorganic chemicals to its existing manufacturing operations. The CTE-Amendment application has been submitted to the Gujarat Pollution Control Board, which is the relevant regulatory authority for such approvals in the state. This move represents a strategic diversification initiative by the wholly owned subsidiary into a new chemicals segment.

Facility Details

The manufacturing facility for which the CTE-Amendment has been sought is located in Vadodara, Gujarat. Key details of the facility are outlined below:

Regulatory Disclosure

The disclosure was filed by Chemcrux Enterprises Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates listed companies to inform stock exchanges of material developments. The intimation was signed by Dipika Rajpal, Company Secretary and Compliance Officer of Chemcrux Enterprises Limited, on 14th May 2026.