Thirumalai Chemicals Ltd

Thirumalai Chemicals Ltd

Thirumalai Chemicals Ltd has informed the exchanges that its Fund Raising Committee has approved the sale of up to 14,60,000 equity shares held in Ultramarine & Pigments Limited, a promoter company, through a permitted mode under SEBI Regulation/Circulars/Guidelines. The sale is expected to be completed within 7 working days.

Thirumalai Chemicals Ltd

Thirumalai Chemicals Ltd has announced the resignation of its statutory auditors, M/s. Walker Chandiok & Co LLP, from its material subsidiary, TCL Intermediates Private Limited, effective August 28, 2026, due to the re-alignment of auditors with those of the holding company.

Thirumalai Chemicals Ltd

Thirumalai Chemicals Ltd has received a show cause notice from the Office of Assistant Commissioner, Central GST and Central Excise, Audit Commissionerate, Vadodara under Section 74 of CGST Act, 2017 for non-reversal of ITC on stock difference relating to the audit period April 2020 to March 2024. The company will submit its response within the prescribed timelines and believes the financial implication, if any, will be insignificant.

Thirumalai Chemicals Ltd

Thirumalai Chemicals Ltd's credit ratings have been downgraded by ICRA to BBB (Negative)/A3+ due to increased project costs and extended timeline for the US project, which will increase leverage and exert pressure on liquidity.

Thirumalai Chemicals Ltd

Thirumalai Chemicals Ltd held its 53rd Annual General Meeting (AGM) on August 07, 2026, through video conferencing. The meeting was attended by 74 shareholders, including 26 promoters and 48 public shareholders. The proceedings and e-voting results were disclosed, with no material qualifications or adverse remarks from the statutory auditors.

Thirumalai Chemicals Ltd

Thirumalai Chemicals Ltd held its 53rd Annual General Meeting (AGM) on August 07, 2026, through video conferencing. The meeting was attended by 74 shareholders, including 26 promoters and 48 public shareholders. The proceedings and e-voting results, along with the Scrutinizer's Report, are available for public inspection.

Thirumalai Chemicals Ltd

Thirumalai Chemicals Ltd held its 53rd Annual General Meeting (AGM) on August 7, 2026, through video conference, with 74 shareholders present. The meeting was conducted in compliance with the Companies Act, 2013, and the Securities and Exchange Board of India's circulars. The company's chairman and managing director, R. Parthasarathy, welcomed the members and briefed them on the business environment, key trends in the chemical industry, and the company's operational and financial performance during the financial year 2025-26.

Thirumalai Chemicals Ltd

Thirumalai Chemicals Ltd has released its corporate presentation for the quarter ended June 30, 2026, highlighting its diversified product portfolio, manufacturing locations, and holding structure. The company has a global footprint with upcoming new plants in the USA and India, and has launched a new production facility at Dahej, Gujarat. The presentation also includes a safe harbor statement and forward-looking statements regarding the company's market opportunity and business prospects.

Thirumalai Chemicals Ltd

Thirumalai Chemicals Ltd has published un-audited financial results for the quarter ended June 30, 2026, showing a net profit of ₹1,882 lakh and a total income from operations of ₹34,041 lakh.

Thirumalai Chemicals Ltd

Thirumalai Chemicals Ltd has announced its un-audited financial results for the quarter ended June 30, 2026, with the Board of Directors approving the raising of funds up to Rs. 750 crores through debt and/or equity issuance. The company also approved the sale of four windmills owned by the company, having an installed capacity of 3.2 MW. The financial results and details of the fund raise and sale of windmills are provided in Annexures A and B, respectively.

Thirumalai Chemicals Ltd

Thirumalai Chemicals Ltd has submitted a statement of deviation or variation in the utilization of funds raised through a preferential issue for the quarter ended June 30, 2026. The company has not deviated from the approved objects of the funds, and the audit committee has reviewed the statement. The funds were raised for investment in TCL global BV for onward investment into TCL Specialties LLC in the United States, general corporate purposes, and issue expenses.

Thirumalai Chemicals Ltd

Thirumalai Chemicals Ltd has announced its unaudited financial results for the quarter ended June 30, 2026, and has also approved the raising of funds up to Rs. 750 crores through debt and/or issuance of equity shares. Additionally, the company has approved the sale of four windmills owned by the company.

Thirumalai Chemicals Ltd

Thirumalai Chemicals Ltd has received a show cause notice from the Commercial Tax Department under Section 73 of the CGST Act, 2017, regarding alleged output turnover discrepancies and input tax discrepancies amounting to Rs. 2292.66 lakhs for FY 2022-23. The company believes the demands are erroneous and will submit its response within the prescribed timelines.

Thirumalai Chemicals Ltd

Thirumalai Chemicals Ltd has informed BSE that the meeting of the Board of Directors is scheduled on 04/08/2026 to consider and approve Un-Audited Financial Results for the quarter ended June 30, 2026 and the proposal for raising of funds.