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Incorporated in 1939, Tata Chemicals Ltd manufactures and exports basic chemistry and specialty products
Tata Chemicals addresses media reports on its Kenyan subsidiary, TCML. The company confirms TCML has submitted all necessary information to local authorities, asserting full compliance with requirements. TCML awaits review and direction on the reported matters, emphasizing its crucial role in the business.
Tata Chemicals shareholders approved all resolutions at the AGM. This includes adopting standalone and consolidated financial statements for FY26, declaring a dividend on ordinary shares, re-appointing Director S. Padmanabhan, and ratifying Cost Auditors' remuneration.
The company faces an order from Gujarat High Court regarding legacy wastewater discharge at its Mithapur plant, with potential for compensation. Meanwhile, it actively pursues global decarbonization, installing new biomass boilers and solar power plants to cut CO2e emissions, alongside achieving operational efficiencies in its US operations.
Board has proposed a dividend of Rs. 11 per share for FY 2025-26, pending shareholder approval. Investors should submit necessary tax documents promptly to ensure correct tax deduction on dividends.
Company will hold its 87th AGM. The Board proposed a dividend of ₹11 per share, subject to shareholder approval. A record date has been set for dividend eligibility.