Thirumalai Chemicals Limited has informed the Exchange regarding Resignation of Mr Pramod as Company Secretary & Compliance Officer of the company w.e.f. August 18, 2025.
TIRUMALCHM · price
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Thirumalai Chemicals announced multiple board-level changes alongside its Q1 FY26 results (quarter ended June 30, 2025). Mr. R. Pramod Kumar resigned as Company Secretary and Compliance Officer effective August 18, 2025, to continue in the same role at wholly-owned subsidiary TCL Intermediates; Mr. Aditya Sharma (ICSI member, 12 years' experience) was appointed as his replacement. Non-Executive Director Mr. R. Sampath also resigned citing personal reasons, effective August 14, 2025. On the financial side, standalone revenue from operations fell to ₹44,550 lakhs (vs ₹53,364 lakhs in Q1 FY25), and the company swung to a standalone loss before tax of ₹(1,818) lakhs and a consolidated loss after tax of ₹(5,996) lakhs. The board also approved raising the investment ceiling in US step-down subsidiary TCL Specialties LLC from USD 105 million to USD 165 million.
The loss-making quarter and weaker year-on-year revenue may weigh on short-term sentiment, while the USD 60 million hike in subsidiary investment signals continued capital commitment to the US specialty chemicals arm. Board changes appear routine with like-for-like CS replacement and a director exit for personal reasons.