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Thirumalai Chemicals Approves Equity Share Issuance to Bolster Growth

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Thirumalai Chemicals Approves Equity Share Issuance to Bolster Growth

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Thirumalai Chemicals Limited ( (IN:TIRUMALCHM) ) has shared an announcement.

Thirumalai Chemicals Limited held an Extraordinary General Meeting on July 14, 2025, where shareholders approved a special resolution to issue equity shares through a preferential issue on a private placement basis. This decision, supported by 99.55% of the votes, is expected to strengthen the company’s capital structure and enhance its market position, potentially impacting stakeholders positively by providing additional financial resources for growth and development.

More about Thirumalai Chemicals Limited

Thirumalai Chemicals Limited operates in the chemical industry, focusing on the production of a variety of chemical products. The company is known for its adherence to quality standards, as evidenced by its multiple certifications such as ISO 9001, 14001, 50001, HACCP, and FSSC 22000.

Average Trading Volume: 33,465

Current Market Cap: 29.64B INR

See more data about TIRUMALCHM stock on TipRanks’ Stock Analysis page.

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