THIRUMALAI CHEMICALS LTD.

Thirumalai Chemicals Ltd has received a show cause notice from the Deputy Commissioner, Commercial Tax Department, Ranipet, Tamil Nadu, for tax and other dues amounting to ₹1731.47 lakhs (₹1123.30 lakhs tax, ₹495.24 lakhs interest, ₹112.93 lakhs penalty) for the financial year 2023-24. The notice, issued under Section 73 of the CGST Act, 2017, alleges discrepancies in output turnover, input tax, and ITC reversals identified during scrutiny under Section 61 of the TNGST Act, 2017. The company plans to submit its response within the prescribed timelines and believes the financial implications, if any, will be insignificant and will not materially impact its financial position.

Thirumalai Chemicals Ltd has received a show cause notice from the Office of Assistant Commissioner, Ranipet, under Section 73 of the CGST Act, 2017. The notice pertains to alleged discrepancies in exempted turnover, excess claim of Input Tax Credit (ITC), and short payment of tax for the Assessment Year 2022-2023. The total potential demand, including tax, interest, and penalty, amounts to ₹13.52 lakhs (₹7.37 lakhs tax, ₹5.31 lakhs interest, ₹0.84 lakhs penalty). The company believes the demands are erroneous as they relate to SEZ unit transactions where GST is not applicable. Thirumalai Chemicals will submit its response within the prescribed timelines and expects the financial implication, if any, to be insignificant and not materially impact its financial position.

Thirumalai Chemicals Ltd has issued a corrigendum to its earlier intimation regarding the outcome of its Fund Raising Committee meeting held on September 30, 2026. The correction addresses a typographical error in Annexure – A, specifically concerning the closing price date of the Target Company's equity shares. The closing price was incorrectly stated as of September 30, 2026, when it should have been for September 29, 2026. The corrected closing prices are ₹418.50 on NSE and ₹418.10 on BSE, both as of September 29, 2026. This clarification ensures accurate data is recorded for the fund-raising process.

Thirumalai Chemicals Ltd announced today that its Fund Raising Committee has approved the sale of up to 9,50,000 equity shares, representing 3.25% of the total capital, in its subsidiary Ultramarine & Pigments Limited. The sale will be conducted through the stock exchange in the open market. The company holds 27,38,837 shares, or 9.38% of Ultramarine & Pigments. The last closing prices on September 30, 2026, were ₹418.50 on NSE and ₹418.10 on BSE. The transaction is expected to be completed by September 30, 2026, and does not fall under related party transactions.

Thirumalai Chemicals Ltd has announced the closure of its trading window for dealing in the company's equity shares. This closure is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will be shut from October 1, 2026, and will reopen 48 hours after the declaration of the un-audited financial results for the quarter and half-year ended September 30, 2026. This measure is standard practice to prevent insider trading during the period leading up to financial result announcements.

Thirumalai Chemicals Ltd has announced the resignation of M/s. Walker Chandiok & Co LLP as the Statutory Auditors of its material subsidiary, TCL Intermediates Private Limited. The resignation is effective August 28, 2026. This change is part of a group-wide initiative to align audit processes, following the completion of Walker Chandiok & Co LLP's tenure as auditors for the holding company, Thirumalai Chemicals Limited, at its 53rd AGM on August 7, 2026, due to mandatory auditor rotation requirements.

Thirumalai Chemicals Limited (TCL) has released its Corporate Presentation for the quarter ended June 30, 2026 (Q1 FY27). The presentation, available on the company's website, provides an overview of the company's performance and strategic initiatives. The document includes a 'Safe Harbor' statement outlining forward-looking statements and associated risks. It also details TCL's historical evolution over five decades, from its founding in 1973 to its recent expansions, including a new Phthalic Anhydride and Fumaric Acid facility in Dahej in 2024 and an upcoming plant in the USA scheduled for 2025.

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).

Thirumalai Chemicals Ltd announced that its Board of Directors has approved a proposal to raise funds up to ₹750 crores through various instruments including debt and equity. The funds are intended for day-to-day operations and debt repayment. Additionally, the Board approved the sale of four windmills with a total installed capacity of 3.2 MW. The company also declared its unaudited financial results for the quarter ended June 30, 2026, both standalone and consolidated, along with limited review reports.

Thirumalai Chemicals Ltd has received a show cause notice from the Commercial Tax Department, Ranipet, Tamil Nadu, under Section 73 of the CGST Act, 2017. The notice pertains to alleged output turnover and input tax discrepancies for the fiscal year 2022-23, with total dues (tax, interest, and penalty) amounting to ₹2292.66 lakhs (approximately ₹22.93 crore). The company believes the demands are erroneous and not sustainable, and expects any financial implication to be insignificant and not materially impact its financial position. A response will be submitted within the prescribed timelines.