TANFAC Industries Ltd

🚀 Tanfac Industries Expands Capacity with New 20,000 TPA Facility in Cuddalore

- New downstream fluorinated chemicals facility approved with 20,000 tonnes per annum capacity at Cuddalore.

- Total project investment estimated at ₹495 crore, targeting completion by November 2026.

- Facility to be located within SIPCOT Industrial Estate, catering to both domestic and international markets.

- Funding secured via mix of equity and debt; board approves raising up to ₹500 crore through equity shares.

- Leadership update: Mrs. Sandhya Venugopal Sharma appointed as Director & Chairperson; Mr. Afzal Harunbhai Malkani as MD (effective Jan 2026).

- Equity shares subdivision from ₹10 to ₹5 approved to improve liquidity and investor access.

- Tanfac is a JV between Anupam Rasayan India Ltd & Tamil Nadu Industrial Development Corp, specializing in hydrofluoric acid and derivatives.