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• Thirumalai Chemicals Limited will hold its 52nd Annual General Meeting (AGM) on Friday, July 25, 2025, at 2:30 p.m. through Video Conferencing (VC)/Other Audio Visual Means (OAVM).
• The AGM will cover the following:
• Adoption of audited financial statements for the year ended March 31, 2025, and the reports of the Directors and Auditors.
• Re-appointment of Mr. R. Sampath (DIN 00092144) as a Director.
• Re-appointment of Mr. R. Parthasarathy (DIN: 00092172) as Chairman and Managing Director for a term of three years effective August 1, 2025. His remuneration includes a basic salary of ₹ 21.00 Lakh per month (with an annual increment of ₹ 2.50 Lakh) and a commission of up to 3% of net profits.
• Re-appointment of Mrs. Bhama Krishnamurthy (DIN 02196839) as an Independent Director for a further term of four consecutive years from August 7, 2025.
• Appointment of Mrs. D. Sabitha (DIN: 01711282) as an Independent Director for a term of five consecutive years till May 15, 2030.
• Appointment of Mr. Meghav Mehta (DIN: 05229853) as an Independent Director for a term of five consecutive years till June 9, 2030.
• Appointment of Mr. Raj Kataria (DIN: 01960956) as a Non-Executive Non-Independent Director.
• Appointment of M/s. R.M. Mimani & Associates LLP as Secretarial Auditors for five years commencing from FY 2025-26.
• Ratification of the appointment of M/s GSVK & Co. as Cost Auditor for FY 2025-26 with a remuneration of ₹ 1,00,000.
• The Register of Members and Share Transfer books will be closed from July 19, 2025, to July 25, 2025.
• Remote e-voting will be available from July 21, 2025 (3:00 p.m. IST) to July 24, 2025 (5:00 p.m. IST).

• Thirumalai Chemicals Limited re-submitted the financial results as approved in the Board Meeting held on 16 May 2025.
• The Board of Directors approved the audited financial results for the quarter and year ended 31 March 2025, in a meeting held on 16 May 2025 which commenced from 10:30 Hrs and concluded at 14:05 Hrs.
• The board has decided not to recommend dividend for the year ended March 31, 2025, to conserve funds for projects in advanced stages of execution.
• Standalone Financial Results (₹ in Lakhs):
• Revenue from operations stood at ₹ 21,520.7 crore (₹ 19,868.1 crore previous year).
• Profit before tax was ₹ 104.51 crore (₹ 48.41 crore previous year).
• Profit for the year was ₹ 82.21 crore (₹ 36.30 crore previous year).
• Consolidated Financial Results (₹ in Lakhs):
• Revenue from operations was ₹ 20,495.1 crore (₹ 20,831.3 crore previous year).
• Loss before tax was ₹ 40.85 crore (Loss of ₹ 34.55 crore previous year).
• Loss for the year was ₹ 46.10 crore (Loss of ₹ 38.79 crore previous year).
• Walker Chandiok & Co LLP issued an unmodified opinion on the audited financial results for the year ended 31 March 2025.

Thirumalai Chemicals Limited's Board of Directors, at their meeting held on 19 June 2025, approved several key proposals, all subject to the approval of shareholders through an Extraordinary General Meeting (EGM):

• Raising funds up to ₹450.63 crore by issuing up to 1,62,68,040 Equity Shares for cash consideration at a price of ₹277.00 per Equity Share. This will be done through a preferential issue on a private placement basis to various investors, including Motilal Oswal Small Cap Fund, Motilal Oswal Multi Cap Fund, 360 One Equity Opportunity Fund, and various Bandhan funds.
• Alteration of the Company's Articles of Association to insert a new Article 73A concerning the transfer of debentures.
• Pledging of the equity shares of TCL Intermediates Private Limited, a material wholly owned subsidiary of the company.
• Appointment of M/s CRISIL RATINGS LIMITED as a Monitoring Agency to monitor the use of proceeds from the proposed preferential issue.
• Approval of the draft notice for convening an EGM to obtain shareholder approvals for the fund-raising and the pledging of subsidiary shares. DAM Capital Advisors Limited acted as the sole advisor to the company for these matters.

Thirumalai Chemicals Limited announced on 12 June 2025 that it has received a notice dated 11 June 2025 under Section 73 of the CGST Act, 2017, from the Commercial Tax Officer, Ranipet, Tamilnadu.

• The notice pertains to alleged violations such as excess Input Tax Credit (ITC), ITC on non-business transactions, ineligible ITC, and ITC on purchases from cancelled dealers.
• The total financial implication demanded is ₹377.04 lakhs (₹3.77 crore), comprising:
  • Tax: ₹215.51 lakhs
  • Interest: ₹139.97 lakhs
  • Penalty: ₹21.56 lakhs
• The Company, prima facie, believes that the demands are erroneous and not sustainable. It intends to pursue available legal remedies.
• Thirumalai Chemicals firmly believes that any financial implication arising from this demand is likely to be very insignificant and will not have any material impact on the Company's financial position.