StockWatch
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Commodity Chemicals
Business Update1 Jun 2026, 12:23 pm

Tecil Chemicals Receives ₹27.16 Lakh Compensation for Land Acquisition

AI Summary

Tecil Chemicals & Hydro Power Ltd has received ₹27,15,890 as compensation from the State Government for the acquisition of 25.48 cents of land. The compensation, related to land acquired for the MC Road expansion project, was deposited before the Sub Court, Kottayam and has now been credited to the company's bank account, as per Regulation 30 of the SEBI LODR Regulations, 2015.

Key Highlights

  • Tecil Chemicals received ₹27.16 Lakh for land acquired by the State Government.
  • The land acquisition pertains to 25.48 cents for the MC Road expansion.
  • Compensation was released following deposit before the Sub Court, Kottayam.
  • The receipt complies with SEBI LODR Regulations, 2015.