Chemcrux Enterprises declares ₹1 per share final dividend for FY26

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Reviewed by
Suketu GScanX News Team
Key Highlights

Chemcrux Enterprises declares ₹1 per share final dividend for FY26. Dividend subject to shareholder approval at AGM on September 17, 2026. Record date set for September 10, 2026 with book closure until September 17. Non-resident shareholders face 20% withholding tax plus surcharge and cess.

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Chemcrux Enterprises has declared a final dividend of ₹1 per equity share for the fiscal year ended March 31, 2026. The Board of Directors recommended the payout during its meeting on May 14, 2026. The dividend is subject to approval by shareholders at the upcoming annual general meeting.

The company submitted its FY26 annual report to the Bombay Stock Exchange on August 21, 2026. A separate communication regarding Tax Deduction at Source (TDS) on the dividend was issued on August 24, 2026, detailing compliance requirements for resident and non-resident shareholders under the Income-tax Act, 2025.

Key Dates

Event Date
Record Date September 10, 2026
Book Closure Start September 11, 2026
Book Closure End September 17, 2026
Annual General Meeting September 17, 2026
E-Voting Period September 14 to 16, 2026
Dividend Payment Deadline October 17, 2026

Shareholders whose names appear in the register as of the close of business on September 10, 2026, will be eligible for the distribution if approved. The 30th annual general meeting is scheduled for September 17, 2026, at 2:00 pm via video conference or other audio-visual means.

The company will observe a book closure from September 11 to September 17, 2026, both days inclusive. Electronic voting will be open from 9:00 am on September 14, 2026, to 5:00 pm on September 16, 2026. The cut-off date for determining the list of shareholders eligible to cast electronic votes is also September 10, 2026.

If declared, the dividend will be paid within the statutory time limit of 30 days from the AGM date, ensuring payment on or before October 17, 2026. Payments will be made electronically where bank details are updated, or through other permissible modes.

Tax Deduction at Source

The company issued detailed guidelines for TDS on dividends on August 24, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

For resident individual shareholders, TDS of 10% applies unless the aggregate dividend received does not exceed ₹10,000 in the tax year 2026-2027. Shareholders may submit Form 121 to claim exemption if their estimated total income results in nil tax liability. Non-individual residents, including insurance companies and mutual funds, must provide self-declarations to avail of nil or lower tax rates.

Non-resident shareholders, including Foreign Institutional Investors, are subject to a withholding tax of 20% plus applicable surcharge and cess. They may claim benefits under Double Tax Avoidance Agreements (DTAA) by submitting a Tax Residence Certificate, Form 41, and relevant self-declarations. The deadline for submitting these documents is September 10, 2026.

Dipika Rajpal, Company Secretary and Compliance Officer, signed the disclosures dated August 21 and August 24, 2026.

Historical Stock Returns for Chemcrux Enterprises

1 Day5 Days1 Month6 Months1 Year5 Years
+1.64%-1.05%-1.05%-1.05%-1.05%-1.05%

How might the ₹1 per share dividend payout impact Chemcrux Enterprises' retained earnings and future capital expenditure plans for FY27?

What is the expected voter turnout for the upcoming AGM, and are there any significant shareholder proposals that could influence the final dividend approval?

Given the strict TDS deadlines for non-resident shareholders, what potential liquidity or compliance risks could arise if Foreign Institutional Investors fail to submit required documentation by September 10?

Chemcrux Enterprises sees exit of two independent directors

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Reviewed by
Ashish TScanX News Team
Key Highlights

Mr. Bhanubhai Patel and Mr. Shailesh Patel ceased as independent directors on August 23, 2026. The exits follow the completion of their second consecutive five-year terms. No material reasons were cited for the cessation of either director. The disclosure was made under Regulation 30 of SEBI LODR Regulations.

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Chemcrux Enterprises announced the cessation of Mr. Bhanubhai Patel and Mr. Shailesh Patel as independent directors on August 23, 2026. The exits follow the completion of their respective terms, with no material reasons cited for the departure.

The company filed the disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Both directors served consecutive five-year terms before stepping down.

Director Cessation Details

Mr. Bhanubhai Patel (DIN: 00727280) and Mr. Shailesh Patel (DIN: 02826895) ceased to be independent directors effective at the end of the day on August 23, 2026. The Board of Directors acknowledged their contributions during their association with the company.

Director DIN Reason for Change Date of Cessation
Mr. Bhanubhai Patel 00727280 Completion of Tenure August 23, 2026
Mr. Shailesh Patel 02826895 Completion of Tenure August 23, 2026

The filing was signed by Dipika Rajpal, Company Secretary and Compliance Officer, on August 24, 2026.

Historical Stock Returns for Chemcrux Enterprises

1 Day5 Days1 Month6 Months1 Year5 Years
+1.64%-1.05%-1.05%-1.05%-1.05%-1.05%

Who are the potential candidates being considered to fill the two vacant independent director seats at Chemcrux Enterprises?

How might the departure of these long-serving directors impact the company's strategic oversight and corporate governance stability?

Will Chemcrux Enterprises need to conduct an immediate board election or wait until the next Annual General Meeting to appoint replacements?

More News on Chemcrux Enterprises

1 Year Returns:-1.05%