Kemistar Corporation has announced a significant date for its shareholders. The company has established September 23, 2025, as the record date for determining shareholders eligible to receive dividends for the financial year 2024-25.

Key Details

Dividend Declaration Process

It's important to note that the dividend payment is subject to declaration at the upcoming Annual General Meeting (AGM) of the company. Shareholders on record as of September 23, 2025, will be eligible to receive the dividend, provided it is approved at the AGM.

Official Communication

The company officially communicated this decision through its Company Secretary, Aesha Mashru. In a letter addressed to the BSE Limited on September 13, 2025, Mashru stated:

"We request you to kindly take the above information on your record."

This announcement aligns with Kemistar Corporation's commitment to keeping its shareholders and the stock exchange informed about important corporate actions.

Investor Considerations

Investors and potential investors in Kemistar Corporation should be aware of this record date. Those who wish to be eligible for the potential dividend should ensure they are shareholders of record by September 23, 2025. However, it's crucial to remember that the final dividend decision will be made at the upcoming AGM.

Shareholders and interested parties are advised to keep an eye out for further announcements regarding the AGM date and the final dividend declaration.

For more information, investors can visit the company's official website or refer to official communications through the BSE platform.

Kemistar Corporation has announced a significant milestone for its wholly owned subsidiary, K P International Private Limited. The company has received the Consent to Operate (CTO) from the Gujarat Pollution Control Board (GPCB) for its manufacturing plant in Dahej, marking a major step forward in its e-waste management capabilities.

Plant Capacity and Operations

The newly approved facility has been granted permission to process 27,000 MT per annum of various materials, including:

• E-waste
• Li-ion batteries
• Solar panels
• Metal recovery

This capacity is part of a larger consented quantity of 42,000 MT per annum, indicating room for future expansion. The plant has already commenced operations, with initial trials successfully completed.

Validity and Future Plans

The Consent to Operate issued by GPCB is valid until March 15, 2030, providing Kemistar's subsidiary with a long-term operational framework. The company has expressed its intention to establish the remaining manufacturing capacity in the near future, potentially bringing the total processing capability to the full 42,000 MT per annum.

Strategic Implications

This new vertical is expected to drive robust revenue growth for Kemistar Corporation. The company anticipates that the e-waste processing plant will open doors to partnerships with:

• Large-scale companies
• Educational and research institutes
• Various government departments

These collaborations could potentially position Kemistar as a key player in the growing field of electronic waste management and recycling.

Environmental and Business Impact

The establishment of this e-waste processing facility aligns with the increasing global focus on sustainable practices and circular economy principles. By providing a solution for the recycling and recovery of materials from electronic waste, solar panels, and batteries, Kemistar is addressing a critical environmental need while also tapping into a potentially lucrative market.

Management's Perspective

In the official intimation to the BSE, the company stated, "This milestone will reinforce the company's position as a frontrunner in building scalable, sustainable and self-reliant recycling solutions." This statement underscores Kemistar's commitment to sustainability and its ambition to lead in the recycling sector.

As the world grapples with the growing challenge of e-waste management, Kemistar's new facility represents a significant step towards creating a more sustainable approach to electronic waste and resource recovery. The company's strategic move into this sector could potentially yield substantial benefits, both environmentally and economically, in the years to come.