Thirumalai Chemicals Ltd

Thirumalai Chemicals Raises ₹56.14 Crore via Preferential Share Allotment 📈

- Thirumalai Chemicals allotted 18,96,614 equity shares on a preferential basis.

- Shares issued at ₹296 each (₹295 premium), raising ₹56,13,97,744 in total.

- 16 investors participated, including promoters and promoter group entities.

- Key allottees: R Sampath, Sujata Sampath, V Bharath Ram, and Ultramarine & Pigments Ltd.

- Post-allotment, paid-up capital increased to 12,05,92,774 shares.

- Stock exchanges granted in-principle approval on December 16, 2025.