Business Update15 May 2024, 11:39 pm
Thirumalai Chemicals Approves Additional USD 45 Million Investment in TCL Specialty LLC
AI Summary
The Board of Directors of Thirumalai Chemicals Ltd. has approved an additional investment of USD 45 million in TCL Specialty LLC, following a request from the latter. This investment comes on top of the earlier USD 60 million investment made by Thirumalai Chemicals.
Key Highlights
- Thirumalai Chemicals approves further equity investment
- Investment is in the amount of USD 45 million
- Investment is for TCL Specialty LLC
- Investment is in addition to earlier USD 60 million investment