Tanfac Industries gets BSE approval for preferential share listing

scanx
Reviewed by
Suketu GScanX News Team
Key Highlights
  • BSE approved trading of 4,24,647 equity shares for Tanfac Industries
  • Shares issued at ₹2,341 each to promoter and non-promoter investors
  • Listing effective from Monday, October 12, 2026
  • Premium on the issue was ₹2,336 per share over the ₹5 face value
powered bylight_fuzz_icon
53153599

*this image is generated using AI for illustrative purposes only.

Tanfac Industries Limited received trading approval from BSE for 4,24,647 equity shares issued on a preferential basis. The listing is effective October 12, 2026.

The company issued these shares at a price of ₹2,341 per share to both promoter and non-promoter investors. Each equity share has a face value of ₹5. The premium component of the issue stands at ₹2,336 per share.

Regulatory Compliance and Approval Details

The approval was granted pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. BSE communicated the decision via letter reference LOD / PREF / DD/ 107/ 2026-2027 dated October 9, 2026. The intimation was filed with the exchange on October 10, 2026.

Issue Specifics

The preferential allotment involved specific distinctive numbers for the allotted securities. The details of the issuance are summarized below:

Parameter Details
Number of Shares 4,24,647
Issue Price ₹2,341 per share
Face Value ₹5 per share
Premium ₹2,336 per share
Distinctive Numbers 21208919 to 21633565
Recipients Promoter and Non-Promoter investors

Corporate Structure Context

Tanfac Industries operates as a joint sector company involving TIDCO and Anupam Rasayan India Ltd. The company maintains its registered office and factory in Cuddalore, Tamil Nadu, within the SIPCOT Industrial Complex.

Historical Stock Returns for TANFAC Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.88%-3.41%-11.76%+45.54%+45.93%+736.79%

How will the capital raised from this preferential allotment be deployed to support Tanfac Industries' upcoming capacity expansion projects?

What specific strategic synergies are expected between Anupam Rasayan India Ltd and Tanfac Industries following this joint investment?

Will the significant premium paid over face value signal a change in the company's valuation multiples relative to its specialty chemicals peers?

Tanfac Industries to host analyst meet in Surat on October 9

scanx
Reviewed by
Suketu GScanX News Team
Key Highlights
  • Tanfac Industries Limited will attend Dhandho Valley 3.0 on October 9, 2026
  • The meeting will be held in person in Surat as a group discussion
  • Discussions will be limited to publicly available information only
powered bylight_fuzz_icon
52762626

*this image is generated using AI for illustrative purposes only.

Tanfac Industries Limited announced it will participate in the Dhandho Valley 3.0 investor conference on October 9, 2026. The company’s officials will engage in group meetings with institutional investors and investor groups at the venue in Surat.

The interaction is scheduled for 9:00 am onwards and will be conducted in person. Discussions during the session will be restricted to information already available in the public domain. The company confirmed that no unpublished price sensitive information (UPSI) is intended to be shared or discussed with participants.

Meeting Details

Date Event Mode Nature of Meeting Location
October 9, 2026 Dhandho Valley 3.0 In Person Group Meeting Surat

The schedule for these meetings remains subject to change due to any exigencies on the part of the investors or the company. This intimation was filed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for TANFAC Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.88%-3.41%-11.76%+45.54%+45.93%+736.79%

How might the institutional investor feedback gathered at Dhandho Valley 3.0 influence Tanfac Industries' capital allocation strategy for the upcoming fiscal year?

Will Tanfac Industries announce any strategic partnerships or expansion plans in the chemical sector following its engagement with key investors in Surat?

How does this participation align with Tanfac Industries' broader investor relations roadmap to enhance liquidity and valuation multiples in the mid-cap segment?

More News on TANFAC Industries

1 Year Returns:+45.93%