NSEUpdates5d ago · 30 Aug 2026, 11:57 pm

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Thirumalai Chemicals Limited · TIRUMALCHM

✦ AI SummaryFundraise

Thirumalai Chemicals Limited has informed the Exchange regarding the outcome of the meeting of the Fund Raising Committee of the Board of Directors held on August 30, 2026, where they considered and approved the sale of up to 14,60,000 equity shares held in Ultramarine & Pigments Limited.

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Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk5/10
Liquidity Impact8/10
Market Sentiment6/10

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Thirumalai Chemicals Limited has informed the Exchange regarding outcome of the meeting of Fund Raising Committee of the Board of Directors held on August 30, 2026 ''.

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TIRUMALCHM1_30082026235621_OutcomeofFRC30082026SD.pdf

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Registered Office: “THIRUMALAI HOUSE”, Plot No. 101-102, Road No. 29, Sion (East), Mumbai – 400 022, India PHONE: +91 – 22– 43686200 FAX +91 – 22 – 24011699 E-MAIL: thirumalai@thirumalaichemicals.com Website: www.thirumalaichemicals.com (AN ISO 9001, 14001, 50001/ HACCP & FSSC 22000 CERTIFIED COMPANY) CIN: L24100MH1972PLC016149 TCL/SE040/2026-27 August 30, 2026 The National Stock Exchange of India Limited BSE Limited Listing Department Department of Corporate Services Exchange Plaza, Bandra Kurla Complex Floor 25, Phiroze Jeejeebhoy Towers Bandra (East) Dalal Street Mumbai 400 051 Mumbai 400 001 Scrip code: TIRUMALCHM Scrip code: 500412 Dear Sir/ Madam, Sub.: Outcome of the Fund Raising Committee and Disclosures under Regulations 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI LODR') In compliance with the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, we wish to inform you that the Fund Raising Committee of the Board of Directors of the Company at its meeting held on Sunday, August 30, 2026, (i.e., today) have inter-alia considered and approved the sale of equity shares upto 14,60,000 held in Ultramarine & Pigments Limited through permitted mode under SEBI Regulation/Circulars/Guidelines. The details of the above transaction are enclosed in Annexure A. The information is also being made available on the website of the company at https://thirumalaichemicals.com. The meeting commended at 09.00 p.m. and concluded at 09.30 p.m. Kindly take the above information into your records. Thanking you, Yours faithfully, For Thirumalai Chemicals Limited Aditya Sharma Company Secretary & Compliance officer Registered Office: “THIRUMALAI HOUSE”, Plot No. 101-102, Road No. 29, Sion (East), Mumbai – 400 022, India PHONE: +91 – 22– 43686200 FAX +91 – 22 – 24011699 E-MAIL: thirumalai@thirumalaichemicals.com Website: www.thirumalaichemicals.com (AN ISO 9001, 14001, 50001/ HACCP & FSSC 22000 CERTIFIED COMPANY) CIN: L24100MH1972PLC016149 ANNEXURE A Sr.No. Particulars Description 1. Name of the Target Company Ultramarine & Pigments Limited 2. Relationship with Target Company Promoter 3. Number and percentage of shares 41,98,837 number of equity shares constituting held in the Target Company 14.38% of the total capital. 4. Estimated number and percentage Upto 14,60,000 number of equity shares constituting of shares proposed to be sold 5% of the total capital. 5. Expected timeline for completion Within 7 working days of the sale 6. Mode of Sale As permitted under SEBI Regulation/Circulars/Guidelines 7. Current Market Price of the Target Rs. 410.70 (Closing Price on 28.08.2026 on BSE) Company 8. Whether transaction fall under No Related Party Transactions?