Thirumalai Chemicals board to mull fund raising plan on 29 May

27 May 2025

Thirumalai Chemicals board to mull fund raising plan on 29 May

The company will issue senior, secured, unlisted, non‐convertible debentures (NCDs) aggregating to Rs 100 crore in three series and one or more tranches, to certain identified investors.

The proposed issuance of debentures is within the limits as approved by the shareholders vide postal ballot (by remote e‐voting) conducted from 25 February 2025 to 26 March 2025.

Thirumalai Chemicals is engaged in the manufacturing, distribution, sales, and marketing of basic chemicals, excluding fertilizers and nitrogen compounds. The company offers a broad portfolio of high-quality products that serve a wide range of industries and applications. Its diverse product range includes both industrial and specialty chemicals. Key offerings span from foundational chemicals like Phthalic Anhydride to advanced products such as Maleic Anhydride, Fumaric Acid, Malic Acid, and various fine chemicals and derivatives.

The company's consolidated net loss narrowed to Rs 14.06 crore in Q4 FY25, compared with net loss of Rs 20.47 crore in Q4 FY24. Net sales fell 0.7% to Rs 523.06 crore in Q4 FY25 as against Rs 526.52 crore in Q4 FY24.

The counter shed 0.65% to settle at Rs 250.45 on Monday, 26 May 2025.

Top Blogs

blog-article-image-one

Share Market

Low Price Shares

0 mins read . Dec 18, 2024

blog-article-image-one

Share Market

Nifty 50 Top 10 Stocks

0 mins read . Dec 18, 2024

blog-article-image-one

Share Market

Best Stocks in 2025

0 mins read . Dec 18, 2024

Join the Future of Trading

with BlinkX

#ItsATraderThing

Open Trading Account
Verify your phone
+91
*By signing up you agree to our terms & conditions