Cresanto Global
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Cresanto Global Ltd's board on 31 July 2026 approved material related party transactions with four promoter-directors, capping each at Rs 5 crore for a combined Rs 20 crore. The directors — Urmila Hansraj Sharma, Hitesh Bajoria, Nishant Nathmal Bajaj and Prashant Nathmal Bajaj — are permitted to enter loan arrangements, extend or avail corporate guarantees, and conduct other business transactions with the company on arm's-length terms. The authorisation runs from the conclusion of the annual general meeting to be held in the 2026-27 financial year until the subsequent AGM in 2027-28.
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Cresanto Global Ltd's board on 31 July 2026 approved material related party transactions with four promoter-directors, capping each at Rs 5 crore for a combined Rs 20 crore. The directors — Urmila Hansraj Sharma, Hitesh Bajoria, Nishant Nathmal Bajaj and Prashant Nathmal Bajaj — are permitted to enter loan arrangements, extend or avail corporate guarantees, and conduct other business transactions with the company on arm's-length terms. The authorisation runs from the conclusion of the annual general meeting to be held in the 2026-27 financial year until the subsequent AGM in 2027-28.
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Cresanto Global Ltd's board on Wednesday approved shifting the company's registered office from Uttar Pradesh to Maharashtra, subject to shareholder and regulatory consent. The directors also authorised material related party transactions with three group firms for the financial year 2026-27. The limits were set at ₹20 crore for Cresanto India Private Limited, and ₹7.5 crore each for Cresanto Industries LLP and Koriander Consultants LLP. The board appointed Ms. Komal Bajaj as internal auditor for the current year and finalised the date, venue, and book closure for the 34th annual general meeting, besides adopting the directors' report for 2025-26.
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Cresanto Global Ltd's board on Wednesday approved shifting the company's registered office from Uttar Pradesh to Maharashtra, subject to shareholder and regulatory consent. The directors also authorised material related party transactions with three group firms for the financial year 2026-27. The limits were set at ₹20 crore for Cresanto India Private Limited, and ₹7.5 crore each for Cresanto Industries LLP and Koriander Consultants LLP. The board appointed Ms. Komal Bajaj as internal auditor for the current year and finalised the date, venue, and book closure for the 34th annual general meeting, besides adopting the directors' report for 2025-26.
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What does Cresanto Global do?
Raymed Labs Ltd specializes in the manufacturing of a diverse range of pharmaceutical products including antibiotics, anti-inflammatories, and other medications for both human and veterinary use.
Who are the competitors of Cresanto Global?
Cresanto Global major competitors are Fabino Enterprises, MPS Pharmaa, Zyden Gentec, Decipher Labs, Hind Bio Sciences, Hemo Organic, Ganga Pharma. Market Cap of Cresanto Global is ₹2 Crs. While the median market cap of its peers are ₹6 Crs.
Is Cresanto Global financially stable compared to its competitors?
Cresanto Global seems to be less financially stable compared to its competitors. Altman Z score of Cresanto Global is -1132.77 and is ranked 8 out of its 8 competitors.
Does Cresanto Global pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Cresanto Global latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Cresanto Global allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Cresanto Global balance sheet?
Cresanto Global balance sheet is weak and might have solvency issues
Is the profitablity of Cresanto Global improving?
No, profit is decreasing. The profit of Cresanto Global is -₹0.43 Crs for Mar 2026, -₹0.18 Crs for Mar 2025 and -₹0.1 Crs for Mar 2024
Is the debt of Cresanto Global increasing or decreasing?
Yes, The net debt of Cresanto Global is increasing. Latest net debt of Cresanto Global is ₹2.79 Crs as of Mar-26. This is greater than Mar-25 when it was ₹2.37 Crs.
Is Cresanto Global stock expensive?
Cresanto Global is expensive when considering the PE ratio, however latest EV/EBIDTA is < 3 yr avg EV/EBIDTA. Latest PE of Cresanto Global is 0, while 3 year average PE is -0.01. Also latest EV/EBITDA of Cresanto Global is 0.0 while 3yr average is 105.
Has the share price of Cresanto Global grown faster than its competition?
Cresanto Global has given better returns compared to its competitors. Cresanto Global has grown at ~32.77% over the last 4yrs while peers have grown at a median rate of -2.26%
Is the promoter bullish about Cresanto Global?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Cresanto Global is 32.27% and last quarter promoter holding is 32.27%.
Are mutual funds buying/selling Cresanto Global?
There is Insufficient data to gauge this.