TANFAC Industries Declares Unaudited Q2 FY27 Results

TANFAC Industries Ltd announced its unaudited financial results for the second quarter and half-year ended September 30, 2026. The Board of Directors approved these results during their meeting held on November 2, 2026. The company operates in a single segment, Chemicals. Key past events include a recommended final dividend of ₹4.50 per share for FY26, approved by shareholders. The company also approved setting up a new 20,000 MTPA downstream Fluorinated product plant at an estimated cost of ₹49,500 Lakhs, expected to be commissioned in twelve months. Additionally, a Qualified Institutional Placement (QIP) of ₹24,998.97 Lakhs was successfully completed in June 2026, increasing the paid-up share capital. A sub-division of equity shares from ₹10 to ₹5 face value was effective from March 2026. The company also approved a Rights Issue of ₹17,448.70 Lakhs, later reduced to ₹44 Lakhs, with an allotment in September 2026.