Thirumalai Chemicals files BRSR for FY26, reports zero safety incidents

2 min read     Updated on 12 Jul 2026, 01:55 AM
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Thirumalai Chemicals Limited filed its BRSR for FY26, reporting zero safety incidents and 14.29% export contribution. The company recycled 103,049 KL of water and 372 tons of plastic, while maintaining full regulatory compliance.

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Thirumalai Chemicals Limited has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, reporting zero lost time injuries and fatalities across its operations. The company achieved a 14.29% contribution from exports to its total turnover, while maintaining full regulatory compliance with no significant violations during the year. The report details the company's performance across environmental, social, and governance parameters, including its transition to Piped Natural Gas to reduce direct emissions.

Operational and Financial Overview

The company operates two manufacturing plants and three offices nationally, serving 28 states and 33 international markets. Its primary products, Phthalic Anhydride and Derivatives, Malic Acid, and Fumaric Acid, accounted for 70.52% of the total turnover. The report indicates that the Ranipet manufacturing unit functions as a 100% Zero Liquid Discharge facility, with approximately 103,049 kilolitres of water recycled during FY 2025-26.

Environmental Performance

Thirumalai Chemicals reported total Scope 1 and Scope 2 emissions of 78,359.40 TCO2e for the current financial year. The company has undertaken initiatives to mitigate climate change, including a transition from Furnace Oil to Piped Natural Gas, which has contributed to lowering direct emissions. Additionally, 372 tons of plastic packaging material were recycled through certified recyclers, and 16,839 kilolitres of rainwater were harvested and reused.

Social and Governance Metrics

The company recorded zero workplace accidents and maintained a workforce of 792 employees and workers. Women represented 42.86% of the Board of Directors and 9.43% of the total workforce. The report confirms that 100% of permanent employees and workers were covered by health and accident insurance. Thirumalai Chemicals also disclosed that it received 17 customer complaints during the year, all of which were addressed and closed.

Stakeholder Engagement and Compliance

The company engaged with stakeholders through various channels, including annual general meetings and customer feedback mechanisms. It confirmed that no fines, penalties, or punitive actions were imposed by regulatory authorities during the financial year. The BRSR, which forms part of the Annual Report for FY26, was submitted to the National Stock Exchange of India Ltd. and BSE Ltd. on July 12, 2026.

Key Metrics FY 2025-26
Total Scope 1 and Scope 2 Emissions 78,359.40 TCO2e
Export Contribution to Turnover 14.29%
Water Recycled 103,049 KL
Plastic Packaging Recycled 372 tons
Rainwater Harvested 16,839 KL
Lost Time Injury Frequency Rate 0.00
Women on Board 42.86%

Historical Stock Returns for Thirumalai Chemicals

1 Day5 Days1 Month6 Months1 Year5 Years
-0.51%-0.48%-7.42%-18.76%-45.39%-1.46%

What are the company's specific targets for further reducing Scope 1 and Scope 2 emissions following the transition to Piped Natural Gas?

Does Thirumalai Chemicals plan to increase its export contribution beyond 14.29% given its presence in 33 international markets?

Are there plans to replicate the Ranipet unit's 100% Zero Liquid Discharge model across the company's other manufacturing facilities?

Thirumalai Chemicals promoters hold no encumbrance in FY26

3 min read     Updated on 18 Jun 2026, 01:20 AM
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Thirumalai Chemicals Ltd disclosed that no promoters or persons acting in concert encumbered shares during the financial year ended March 31, 2026. The declaration was made pursuant to Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The promoter group collectively holds 37.13% of the company's equity shares.

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Thirumalai Chemicals Ltd confirmed that no promoters or persons acting in concert have encumbered any shares held by them during the financial year ended March 31, 2026. The disclosure was submitted to the stock exchanges pursuant to Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The declaration ensures that the shareholding of the promoter group remains free from any direct or indirect charges or liens for the specified period.

The filing included a detailed list of promoters and the promoter group, outlining their individual shareholdings. The data reveals that the promoter group collectively holds 37.13% of the company's total equity shares. Ultramarine And Pigments Ltd is the largest holder within the promoter group, possessing 18.23% of the equity shares, followed by Jasmine Limited with a 5.62% stake.

Promoter and Promoter Group Holdings

The following table details the equity shareholding of the promoter and promoter group as disclosed in the filing:

Name of the Promoter Equity Share holding (in Nos.) Percentage of holding Holding Type
Parthasarathy Rangaswamy 213582 0.18 Promoter
Bhooma Parthasarathy 103389 0.09 Promoter Group
Indira Sundararajan 1884345 1.56 Promoter Group
Tara Parthasarathy 28825 0.02 Promoter Group
Meera Parthasarathy 20270 0.02 Promoter Group
S Vidya 483197 0.40 Promoter Group
Varadarajan Santhanam 435205 0.36 Promoter Group
Ramya Bharathram 395811 0.33 Promoter Group
Narayan Santhanam 90000 0.07 Promoter Group
Deepa Ajay 10000 0.01 Promoter Group
V S Sundararajan 58730 0.05 Promoter Group
Uttara B 0 0.00 Promoter Group
R Sampath 65054 0.05 Promoter Group
V Bharath Ram 46891 0.04 Promoter Group
Sujata Sampath 25202 0.02 Promoter Group
Rangaswamy Parthasarathy Huf 26783 0.02 Promoter Group
N R Swamy HUF 0 0.00 Promoter Group
Rangaswamy Sampath HUF 6418 0.01 Promoter Group
Ultramarine And Pigments Ltd 21972040 18.23 Promoter Group
Jasmine Limited 6771880 5.62 Promoter Group
Ramya Family Trust 8800 0.01 Promoter Group
Sampath Family Trust 2950155 2.45 Promoter Group
Sujata Sampath Family Trust 2950155 2.45 Promoter Group
Vidya Familt Trust 9750 0.01 Promoter Group
R Parthasarathy Family Trust 2410492 2.00 Promoter Group
Bhooma Parthasarathy Family Trust 2345774 1.95 Promoter Group
Meera Parthasarathy Family Trust 690850 0.57 Promoter Group
Tara Parthasarathy Family Trust 730450 0.61 Promoter Group
GS Family Trust 0 0.00 Promoter Group
RS Family Trust 0 0.00 Promoter Group
VS Family Trust 0 0.00 Promoter Group
TP Family Trust 0 0.00 Promoter Group
MP Family Trust 0 0.00 Promoter Group
Gayathri Pravin 27318 0.02 Promoter Group
Uttara And Mukund Family Trust 5067 0.00 Promoter Group
Total 44766433 37.13

The declaration was signed by Ramya Bharathram on behalf of the promoter group and addressed to the stock exchanges. The document was digitally signed on April 8, 2026. A copy of the declaration was also marked to the Audit Committee of the company.

Historical Stock Returns for Thirumalai Chemicals

1 Day5 Days1 Month6 Months1 Year5 Years
-0.51%-0.48%-7.42%-18.76%-45.39%-1.46%

Will the unencumbered status of promoter shares enable Thirumalai Chemicals to raise debt capital more easily in the upcoming fiscal year?

Does the substantial holding by Ultramarine And Pigments Ltd indicate potential strategic synergies or cross-holding expansions within the promoter group?

How might the clear ownership structure impact investor confidence and stock volatility following the disclosure?

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