Thirumalai Chemicals Limited has informed the Exchange regarding Resignation of Mr R. Sampath as Non- Executive Director of the company w.e.f. August 14, 2025.
TIRUMALCHM · price
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Thirumalai Chemicals' board met on August 14, 2025 and cleared several items together. For Q1 FY26, standalone revenue from operations fell to ₹44,550 lakhs (vs ₹53,364 lakhs in Q1 FY25), and the company slipped into a standalone loss before tax of ₹1,818 lakhs compared to a profit of ₹3,808 lakhs a year ago; consolidated loss after tax widened to ₹5,996 lakhs (EPS of negative ₹5.86). Non-Executive Director R. Sampath (DIN: 00092144) resigned citing personal reasons, effective close of business on August 14, 2025. Company Secretary & Compliance Officer R. Pramod Kumar also resigned effective August 18, 2025 to continue in the subsidiary role, with Aditya Sharma (12 years' experience) appointed as his replacement. The board also raised the investment cap in step-down subsidiary TCL Specialties LLC from USD 105 million to USD 165 million.
The sharp revenue decline and swing to a loss are negative for near-term sentiment, while the director exit was attributed to personal reasons and is unlikely to disrupt operations. The larger US subsidiary commitment signals continued expansion focus but adds execution and forex risk.