Filter announcements
Loading...
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' subsidiary, TCL Intermediates, changed statutory auditors. This move streamlines group audit processes, aligning with the parent company's mandatory auditor rotation requirements.
Thirumalai Chemicals faces a Rs. 47.53 Cr tax demand for alleged GST discrepancies. The company disputes the claim, plans legal remedies, and expects any financial impact to be insignificant.
TCL reported a Q1FY26 consolidated loss of 60 Cr, impacted by global headwinds, Dahej plant ramp-up costs, and USA project interest. The US$240M USA Maleic Anhydride plant is on track for Dec 2025 output. Company shifts focus to value-added products, targeting 50% EBITDA from MAn & downstream.