Tamilnadu Petroproducts Limited has announced the successful restart of its HCD plant operations, marking a significant operational milestone for the petrochemicals manufacturer. The company informed stock exchanges about this development on March 6, 2026, through a regulatory filing addressed to both BSE Limited and National Stock Exchange of India.

Plant Operations Resume

The HCD plant restart represents the culmination of the company's project activities that were previously communicated to exchanges. In its latest disclosure, Tamilnadu Petroproducts Limited confirmed that the plant has been restarted and is now operational.

Regulatory Compliance

The announcement was made pursuant to Regulation 30 read with Para B of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This disclosure falls under the mandatory project update requirements that listed companies must communicate to stock exchanges.

Company Secretary Sangeetha Sekar signed the communication, ensuring compliance with regulatory obligations. The filing was digitally signed and submitted to both major Indian stock exchanges where the company's shares are listed.

Corporate Communication

The restart follows the company's earlier communication dated December 23, 2025, indicating that this development was part of an ongoing project timeline. The company maintained transparency with stakeholders by providing timely updates on the plant's operational status.

Tamilnadu Petroproducts Limited operates from its registered office and factory located at Manali Express Highway, Manali, Chennai. The company has been in operations for over four decades, as indicated by its "40 Years Moving Ahead" branding, and maintains various quality and environmental management system certifications from DNV.

Tamilnadu Petroproducts Limited has announced a strategic investment in renewable energy infrastructure through its equity participation in Navia Three Power Private Limited (NTPPL). The company disclosed this development in a regulatory filing dated February 6, 2026, pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Investment Details and Structure

The petrochemical manufacturer has entered into an arrangement with NTPPL to procure solar power capacity of approximately 19.8 MWp (DC)/13.2 MW (AC). To facilitate this power procurement agreement, Tamilnadu Petroproducts Limited has committed to invest up to ₹7,32,60,000 in NTPPL's equity capital through a phased approach.

Strategic Rationale and Compliance

The investment serves a dual purpose of securing renewable energy supply while achieving regulatory compliance. By acquiring up to 26% shareholding in NTPPL, Tamilnadu Petroproducts Limited aims to qualify as a captive user under the Electricity Act, 2003. This strategic move is designed to optimize the company's power costs through direct access to solar energy generation.

The company has confirmed that this acquisition does not fall within the purview of related party transactions, with no promoter, promoter group, or group companies having any interest in NTPPL.

About Navia Three Power Private Limited

NTTPL was incorporated under the Companies Act, 2013, on August 12, 2024, as a special purpose vehicle. The company operates from its registered office located at 3rd Floor, Tower 10B DLF Cyber City DLF QE, Gurgaon, Haryana. Its primary objective focuses on developing wind-solar power generation facilities in Tamil Nadu.

Transaction Structure and Timeline

The investment will be executed through cash consideration, with the equity subscription planned in multiple tranches. The company has indicated that no specific governmental or regulatory approvals are required for this acquisition. The transaction structure allows Tamilnadu Petroproducts Limited to maintain operational flexibility while securing long-term renewable energy access.

This strategic investment aligns with the growing trend of industrial companies investing in captive renewable energy projects to reduce power costs and ensure energy security. The solar power facility will contribute to Tamilnadu Petroproducts Limited's operational efficiency while supporting its sustainability objectives.