Thirumalai Chemicals Share News - Latest Updates, Live News & More

Latest news about Thirumalai Chemicals

Thirumalai Chemicals: TCL Specialties LLC Begins Pre-Commissioning and Startup Activities at New Facility in West Virginia, USA Dec 12, 2025

Thirumalai Chemicals' subsidiary, TCL Specialties LLC, has started pre-commissioning and startup activities at its new manufacturing facility in West Virginia, USA. This marks a significant step in Thirumalai Chemicals' international expansion strategy and establishes its manufacturing presence in the American market. The facility has completed construction and is now preparing for commercial operations, involving comprehensive testing of equipment, quality control systems, and safety protocols.

Thirumalai Chemicals' Subsidiary Faces Extended Maleic Anhydride Unit Outage, Impacting Revenue Dec 05, 2025

Thirumalai Chemicals Completes ₹56.14 Crore Preferential Share Allotment Nov 28, 2025

Thirumalai Chemicals Utilizes Rs 311.11 Crore from Preferential Issue, Reports No Deviation Nov 15, 2025

Thirumalai Chemicals Faces Rs. 47.53 Crore Tax Demand, Plans Legal Action Nov 14, 2025

More news about Thirumalai Chemicals

08Nov 25

Thirumalai Chemicals Reports Q2 Net Loss of 333.8M Rupees

Thirumalai Chemicals, a specialty chemicals company, reported a consolidated net loss of 333.80 million rupees in Q2, compared to a profit of 48.90 million rupees in the same period last year. The company's Q2 revenue declined by 15.24% to 4.45 billion rupees from 5.25 billion rupees year-over-year. This significant shift from profit to loss indicates challenging market conditions for the company.

29Oct 25

Thirumalai Chemicals Board Approves ₹56.14 Crore Equity Fundraising Plan

Thirumalai Chemicals Ltd has approved a fundraising plan of up to ₹56.14 crores through a preferential issue of 18,96,614 equity shares at ₹296 per share. The issue is directed towards promoters and the promoter group, with Ultramarine and Pigments Ltd set to subscribe to the majority of shares. The plan requires shareholder approval via postal ballot and regulatory clearances. Post-allotment, Ultramarine and Pigments Ltd's stake is expected to increase from 17.24% to 18.23%.

22Oct 25

Thirumalai Chemicals to Consider Preferential Equity Share Issue in Upcoming Board Meeting

Thirumalai Chemicals Limited (TCL) has scheduled a Board meeting on October 25, 2025, to consider issuing equity shares on a preferential basis. The issue will be conducted under SEBI regulations and requires regulatory and shareholder approvals. The company has implemented a trading window closure from October 01, 2025, until 48 hours after Q2 results declaration for designated persons. This potential move could impact TCL's capital structure and ownership pattern.

11Oct 25

Thirumalai Chemicals' President of Food Ingredients Retires

Mr. Venkatraghavan, President of Food Ingredients at Thirumalai Chemicals Limited (TCL), has retired effective October 11, 2025. The company has notified stock exchanges of this change in senior management, in compliance with SEBI regulations. TCL, based in Mumbai, holds certifications for various ISO standards, HACCP, and FSSC 22000.

26Aug 25

Thirumalai Chemicals Raises ₹450.62 Crore Through Preferential Share Allotment

Thirumalai Chemicals Limited has successfully raised ₹450.62 crore by issuing 1,62,68,040 equity shares at ₹277 per share through a preferential allotment. The issue attracted 21 investors, including mutual funds and individual investors. This move has increased the company's paid-up share capital from 10,23,88,120 to 11,86,56,160 shares. Notable investors include Motilal Oswal funds, Bandhan funds, and high-net-worth individuals. The company received in-principle approval from stock exchanges, and the new shares will rank pari-passu with existing equity shares.

17Aug 25

Thirumalai Chemicals Reports 87% EBITDA Drop in Q1 Amid Global Headwinds

Thirumalai Chemicals experienced a significant decline in Q1 financial performance. Consolidated total income fell 19% to ₹452.00 crore, EBITDA turned negative at ₹25.00 crore, and the company reported a net loss of ₹60.00 crore. Challenges included global headwinds, lower product spreads, and operational issues at new facilities. Despite this, the company achieved some operational milestones and remains optimistic about future prospects, including improved utilization at the Dahej plant and the upcoming USA project launch.

24Jul 25

Thirumalai Chemicals Clarifies ₹450.62 Crore Preferential Issue Proceeds Usage

Thirumalai Chemicals Limited (TCL) has provided clarification on the use of proceeds from its proposed ₹450.62 crore preferential share issue. The company confirmed that ₹110.62 crore allocated for General Corporate Purposes will not be used for investments in subsidiaries, joint ventures, or associates. Instead, these funds may be used for ongoing corporate exigencies, contingencies, company expenses, and other permissible general purposes as decided by the Board. This clarification addresses concerns raised by stock exchanges BSE and NSE regarding TCL's application for in-principle approval for the share issue.

15Jul 25

TCL Specialties Commences Pre-Commissioning at West Virginia Facility, Appoints New CEO

Thirumalai Chemicals' US subsidiary TCL Specialties LLC has commenced pre-commissioning activities at its West Virginia manufacturing facility, marking a significant operational milestone. The facility features dual plants for Maleic Anhydride and food ingredients production, with partial startup expected by year-end 2025 and the appointment of industry veteran Vinod Tiwari as CEO to strengthen leadership capabilities.

19Jun 25

Thirumalai Chemicals Announces ₹4.51 Billion Preferential Share Issue

Thirumalai Chemicals Ltd plans to raise ₹4.51 billion through a preferential share issue of up to 16.3 million shares at ₹277.00 per share. This strategic move aims to strengthen the company's financial position and potentially fund expansion, debt reduction, R&D, or working capital needs. The preferential allotment suggests a targeted approach to fundraising, possibly involving select investors or strategic partners.

16Jun 25

Thirumalai Chemicals to Discuss Preferential Equity Share Issuance in Upcoming Board Meeting

Thirumalai Chemicals Ltd. has scheduled a board meeting for June 19 to discuss the potential issuance of equity shares on a preferential basis. This move could lead to a fresh capital infusion, changes in ownership structure, and possible strategic partnerships. The outcome of this meeting may significantly impact the company's capital structure and future growth strategies.

02Jun 25

Thirumalai Chemicals Plans to Double Phthalic Anhydride Production Capacity

Thirumalai Chemicals has announced plans to double its production capacity of Phthalic Anhydride by fiscal year 2027-28. This expansion strategy aims to increase market share, improve manufacturing efficiency, and meet growing customer demand. The move reflects the company's long-term vision and confidence in future market demand for Phthalic Anhydride and its derivatives.

26May 25

Thirumalai Chemicals to Consider 1 Billion Rupee Debenture Issuance

Thirumalai Chemicals Ltd has scheduled a board meeting for May 29 to consider issuing debentures worth ₹100 crore (1 billion rupees). The purpose of the potential fund-raising and the terms of the debentures have not been disclosed. This move could impact the company's capital structure and financial strategy.

16May 25

Thirumalai Chemicals Reports Narrowed Q4 Loss Amid Revenue Dip

Thirumalai Chemicals Ltd. reported Q4 consolidated revenue of ₹523.00 crore, down 1.32% year-over-year. Net loss improved to ₹14.10 crore from ₹20.50 crore last year, a 31.22% reduction. Quarterly data shows revenue decline of 9.97% and increased pressure on EBITDA and operating profit. Full fiscal year revenue was ₹2,102.50 crore, down 2.77%. The company faces operational challenges but shows improved financial management.