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Thirumalai Chemicals Ltd is a part of the Thirumalai Group, which has business interests in chemicals, surfactants, pigments and education. The Company’s principal activities are manufacturing and selling chemicals such as PAN, DEP etc.
Thirumalai Chemicals' Fund Raising Committee approved selling up to 14.6 lakh (5%) shares in Ultramarine & Pigments. This strategic divestment from its promoter holding is estimated to raise approximately ₹60 Cr. The sale is expected within 7 days.
Thirumalai Chemicals' subsidiary, TCL Intermediates, changed statutory auditors. This move streamlines group audit processes, aligning with the parent company's mandatory auditor rotation requirements.
Thirumalai Chemicals Limited has informed the Exchange about Action(s) initiated or orders passed
ICRA has downgraded Thirumalai Chemicals' long-term rating to [ICRA]BBB (Negative) and short-term to [ICRA]A3+. The downgrade reflects a significant increase in its US project cost to $340 million (from $255 million) and delayed full completion to December 2026. This escalation in cost and timeline is expected to increase debt and...
Please find attached the Copy of proceeding, e-voting results and scrutinizer report of 53rd AGM of the Company held on August 07, 2026