TANFAC Industries Ltd

🚀 TANFAC Industries Expands with New 20,000 TPA Chemical Facility in Cuddalore

- New 20,000 TPA fluorinated chemical facility approved in Cuddalore (₹495 Cr investment, operational by Nov 2026).

- Fundraising plan: Up to ₹500 Cr via QIP/other modes (subject to approvals).

- Share split: Face value reduced from ₹10 to ₹5 per share to boost liquidity.

- Leadership change: Mr. Afzal Malkani appointed MD (5-year term from Jan 2026).

- New Chairperson: Mrs. Sandhya Sharma (IAS) joins as Nominee Director from Jan 2026.

- Mrs. Mariam Baldev resigns as Non-executive Director (effective Jan 2026).