Thirumalai Chemicals Limited has approved the allotment of 18,96,614 fully paid-up equity shares of face value ₹1 each. These shares were issued on a preferential basis at a price of ₹296 per share, including a premium of ₹295 per share, aggregating to a total of ₹56,13,97,744 (Rupees Fifty Six Crores Thirteen Lakhs Ninety Seven Thousand Seven Hundred Forty Four Only). The allotment was made to the Promoter(s) and Person(s) belonging to the Promoter Group, following earlier communications on October 29, 2025, and November 28, 2025. The Fund Raising Committee of the Board approved this decision in its meeting held on December 23, 2025. The meeting commenced at 2:30 p.m. and concluded at 3:35 p.m. The newly issued equity shares will rank pari-passu in all respects with the existing equity shares of the Company. The company had received in-principle approval from the stock exchanges for this preferential issue on December 16, 2025. This allotment results in an increase in the issued, subscribed, and paid-up share capital of the Company. Sixteen investors from the Promoter Group, including individuals, HUFs, trusts, and one body corporate (Ultramarine and Pigments Ltd), were part of this preferential allotment.