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Ultramarine & Pigments to invest up to Rs 45 cr in Thirumalai Chemicals

29-Oct-25 17:18 Hrs IST

Ultramarine & Pigments will participate in the fund raising undertaken by Thirumalai Chemicals (TCL) by way of issuance of equity shares on a preferential allotment basis to promoter and promoter group.

Company is a promoter group of TCL and its current holding in the equity shares of TCL is 77.24% of the total paid up capital.

The Board of Directors of the Company at its meeting held on 28 October 2025 has accorded its in-principle approval to participate in the abovementioned fund raising upto Rs.45 crore.

25,722.10 -155.75 (-0.60%)

83,938.71 -465.75 ( -0.55%)

57,776.35 -254.75 ( -0.44%)

35,712.35 -194.05 ( -0.54%)

47,580.95 37.83 (0.08%)

6,861.23 17.89 (0.26%)

52,282.77 957.16 (1.86%)

9,715.58 -44.48 (-0.46%)

88.57 0.35 (0.39%)

102.67 0.05 (0.05%)

116.69 0.04 (0.03%)

0.58 0.00 (-0.51%)