8 months ago
Tanfac Industries to Raise ₹500 Crore
Tanfac Industries, a company that makes chemicals, is going to have a meeting on January 9, 2026.
In this meeting, they will talk about raising ₹500 crore.
This money will be raised by selling shares to big investors or through other ways.
The company is also thinking about making their shares smaller in value.
Tanfac is one of the biggest suppliers of certain chemicals in India.
They recently got a big contract to supply chemicals to another company until 2028-29.
Their shares are currently worth ₹4,348.50.
TANFAC Industries' board to meet on January 9, 2026, to consider ₹500 crore fundraising proposal.
Fundraising to be done through QIP, private placement, preferential issue, or other modes.
Company also considering sub-division of equity shares with a face value of ₹10 each.
TANFAC is a joint sector company promoted by Anupam Rasayan India and TIDCO.
Recently secured a ₹336 crore contract with Krishna Organics for solar grade diluted hydrofluoric acid.
- Who
- TANFAC Industries
- What
- Board to consider ₹500 crore fundraising proposal
- Where
- Tamil Nadu, India
- When
- January 9, 2026
- Why
- To raise funds for business expansion and operations
Key facts
- Company
- TANFAC Industries
- Fundraising Amount
- ₹500 crore
- Board Meeting Date
- January 9, 2026
- Share Price
- ₹4,348.50 (BSE)
- Recent Contract
- ₹336 crore with Krishna Organics
- Promoters
- Anupam Rasayan India and TIDCO
- Location
- SIPCOT Industrial Estate, Cuddalore
Quotes
TANFAC Industries
A Tamil Nadu-based chemicals manufacturing enterprise
“We write to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Friday, January 9, 2026, inter alia, to consider and approve the proposal for raising of funds by way of equity share capital for an amount aggregating to ₹500 crore in one or more tranches...”
thehindubusinessline.com





