Crestchem Limited has made two significant announcements that are likely to interest its shareholders and market observers.

Dividend Declaration

The company has declared a dividend of 10% per equity share, amounting to Rs. 1.00 per share, for the financial year 2024-25. This decision was made during a board meeting held on June 24, 2025. The Board of Directors has set the record date as August 13, 2025.

Shareholders who are listed as beneficial owners with the National Securities Depository Limited (NSDL) and Central Depository Securities Limited (CDSL) on the record date will be eligible to receive the dividend. This information was officially communicated to the BSE Limited on July 31, 2025.

New Appointment

In a separate announcement, Crestchem Limited has informed the BSE about a key management change. Mr. Nitin S. Shah (ACS: 07088) has been appointed as the new Company Secretary, Compliance Officer, and Chief Financial Officer (CFO) of the company. This appointment is effective from August 1, 2025.

Mr. Shah's appointment is in compliance with Section 203 of the Companies Act, 2013, and Regulation 6(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

About the New Appointee

Mr. Nitin S. Shah brings with him over 30 years of experience as a Company Secretary and Compliance Officer. He is a member of The Institute of Company Secretaries of India. The company has confirmed that Mr. Shah is not related to any of the directors of Crestchem Limited.

These developments indicate Crestchem Limited's commitment to shareholder returns and strengthening its corporate governance structure. Investors and market analysts will likely keep a close watch on how these changes might impact the company's performance and market position in the coming months.

Crestchem Limited has announced a significant change in its leadership team, appointing Mr. Nitin S. Shah to the crucial roles of Company Secretary, Compliance Officer, and Chief Financial Officer (CFO). The appointment, effective from August 1, 2025, marks a strategic move for the company as it strengthens its corporate governance and financial management.

Key Highlights of the Appointment

Professional Background

Mr. Nitin S. Shah brings a wealth of experience to Crestchem Limited. As a member of The Institute of Company Secretaries of India, Shah has accumulated more than three decades of expertise in company secretarial practices and compliance management. His extensive background is expected to be a valuable asset to the company's corporate governance structure.

Appointment Details

The appointment of Mr. Shah is in accordance with Section 203 of the Companies Act, 2013, and aligns with the regulatory requirements set forth by the Securities and Exchange Board of India (SEBI). Specifically, it complies with Regulation 6(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Company's Statement

Nirmit D. Patel, Executive Director of Crestchem Limited, confirmed the appointment through an official communication to the BSE Limited. The company emphasized that Mr. Shah is not related to any directors of Crestchem Limited, ensuring independence in his role.

Contact Information

For stakeholders and investors seeking to reach out to the newly appointed Company Secretary, Crestchem Limited has provided the following contact details:

• Phone: 9879106304 & 9023018979
• Email: info@crestchemlimited.in

Corporate Governance Implications

This appointment underscores Crestchem Limited's commitment to maintaining robust corporate governance practices. By bringing on board a seasoned professional like Mr. Shah, the company aims to enhance its compliance framework and financial management capabilities.

Upcoming Annual General Meeting

In related news, Crestchem Limited has also announced its 33rd Annual General Meeting (AGM) for the financial year 2024-25. The company has published advertisements regarding the AGM notice, book closure, and e-voting details in "LOK MITRA" (Gujarati Edition) and "FREE PRESS GUJARAT" on July 28, 2025.

Crestchem Limited, with its corporate office located in Ahmedabad and registered office in Mehsana, Gujarat, continues to focus on strengthening its corporate structure. Stakeholders and investors will be keenly watching how Mr. Shah's extensive experience will contribute to the company's future growth and compliance standards.