Crest Ventures Ltd

AGM details

• AGM held on 22-08-2026 at 11:00 IST via VC/OAVM.
• Record date: 15-08-2026.
• End time: 11:33 IST.

Key resolutions and outcomes

• Res 1: Adoption of audited financial statements for FY2025-26; passed with 12 against among 2,27,14,490 valid votes.
• Res 2: Final dividend of Re 1 per share; passed with 2 against among 2,27,14,490 valid votes.
• Res 3: Re-appointment of Sheetal Kapadia; passed with 5 against among 2,27,14,490 valid votes.
• Res 4: Approval of material related party transactions with related parties; passed with 212 against among 28,26,063 votes.
• Res 5: Approval for related party transactions by subsidiaries; passed with 212 against among 28,26,063 votes.

Dividend details

• Final dividend of Re 1 per equity share approved on 28,449,775 shares.

Director changes

• Re-appointment of Sheetal Kapadia (retired by rotation) approved; no term details provided.

Related party transactions

• RPT approvals granted for related parties and subsidiaries; aggregate value cap defined in explanatory statement.

Auditors and governance

• No auditor changes disclosed.

AGM Details

• 44th AGM held Aug 22, 2026 at 11:00 a.m. IST via VC/OAVM.
• Remote e-voting from Aug 19 to Aug 21, 2026.
• Quorum present; meeting conducted through VC/OAVM.

Key Resolutions

• Adopt audited financial statements for FY 2025-26 (ordinary resolution).
• Declare dividend for FY 2025-26 (ordinary resolution).
• Re-appoint Sheetal Kapadia by rotation (ordinary resolution).
• Approve material related party transactions of the company (ordinary resolution).
• Approve material related party transactions of subsidiaries (ordinary resolution).

Voting Status

• Final voting results to be declared within 2 working days after the AGM.
• Scrutinizer’s report to be published on the company website.

Dividend Status

• Dividend proposal noted; amount per share not disclosed in the filing.

Director Changes

• Ms Sheetal Kapadia re-appointed by rotation; no other director changes.

Auditors

• Statutory and secretarial auditors attended; no appointment changes announced.

Related Party Transactions

• Approval granted for material related party transactions of the company.
• Approval granted for material related party transactions of subsidiaries.

Target entities and purpose

• EZY Nest and EZY Spaces are step-down WOS of Crest EZY Living.
• CVL's indirect 100% stake in both via Crest EZY Living Private Limited.
• Industry: Real Estate; includes development, leasing, operation of residential, commercial, BTR properties.
• Nest and Spaces incorporated on Aug 17 and Aug 18, 2026; operations yet to commence.
• Authorized capital INR 15 Lakh; subscribed capital INR 10 Lakh per entity.
• Purpose aligned with CVL's real estate verticals; no separate CVL investment.
• Turnover history not applicable as operations have not commenced.
• Nest: CIN U68100MH2026PTC474795; Spaces: CIN U68100MH2026PTC474822; Maharashtra presence.
• Promoter/group interest: none; related party transaction not triggered.

Code of Conduct amendment

• Board approved August 13, 2026 amendment to Crest's Code of Conduct for Insider Trading.
• Version 3.0 dated August 13, 2026 replaces prior code.
• Code applies to connected and designated persons; outlines trading restrictions and UPSI handling.
• The Company will publish the Code on its website and notify stock exchanges.
• Annexures detail pre-clearance, trading plans, and penalties.

Financial results approved

• Unaudited standalone and consolidated results for quarter ended 30 June 2026, reviewed by Audit Committee and Board.

Rights issue investment

• Invested Rs 1,026.18 lakhs in rights issue of Crest Capital and Investment Limited.

Insider trading code amendment

• Amended Code of Conduct for Prevention of Insider Trading; compliance with PIT Regulations.

Scheme of Arrangement update

• NSE/BSE observed the draft Scheme with no adverse observations; filing with NCLT pending RBI approvals.

Auditor emphasis on deposits recoverability

• Auditors' Emphasis of Matter: deposits of Rs 15,529.75 lakhs recoverable; secured by mortgage and JV.

ESOP update

• ESOP exercised; treasury shares reduced; equity share capital increased by Rs 0.20 lakhs.

NCD proceeds utilisation status

• Regulation 52(7) disclosures not applicable as NCD proceeds fully utilised.

Publication of results

• Unaudited results to be published in newspapers and uploaded on crest.in.

ESOP Transfer Update

• NRC approved transfer of 3,000 Crest equity shares to employees from the Crest Employee Welfare Trust.
• Exercise price set at INR 200 per option; proceeds received: INR 6,00,000.
• Total ESOP Grant II options: 183,000; 3,000 exercised in current event; total Grant II exercises to date: 5,000.
• No change in paid-up equity share capital after transfer.
• Lock-in period: 12 months from credit date.
• Shares arising on exercise: 3,000 fully paid-up shares of INR 10.
• Lapsed options under Grant II: 49,000.
• Scheme complies with SEBI SBEB Regulations 2021.

Meeting Details

• Board meeting scheduled for August 13, 2026; time and venue not disclosed.

Key Agenda Items

• To consider and approve unaudited standalone and consolidated financial results for quarter ended June 30, 2026.

Other Notes

• Trading window for designated/ connected persons opens 48 hours after results are made public.
• Unaudited results will be available on crest.in.

Executive retirement

• Mr. Parag Shah, President - Investments and Credit, retires; cessation effective July 31, 2026.
• No changes to board or committee composition disclosed in relation to the retirement.