Board Meeting4 Aug 2026, 06:51 pm
Thirumalai Chemicals Board Approves Fund Raise & Windmill Sale
AI Summary
Thirumalai Chemicals Ltd announced that its Board of Directors has approved the raising of funds up to ₹750 crores through various instruments including debt and equity. The proceeds are intended for daily operations and refinancing existing debts. Additionally, the Board approved the sale of four windmills with a total installed capacity of 3.2 MW. The company also declared its un-audited financial results for the quarter ended June 30, 2026 (Standalone & Consolidated).
Key Highlights
- Board approved raising up to ₹750 crores.
- Funds to be used for operations and debt repayment.
- Approved sale of four windmills totaling 3.2 MW capacity.
- Declared un-audited financial results for Q1 FY27.
Price Impact
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