Tata Chemicals has declared a ₹11 per share dividend (110% of face value) and approved ₹200 crore in term loans or NCDs following Wednesday’s board meeting.
Tata Chemicals Ltd:
The Board approved audited standalone and consolidated financial results for FY25, which received an unmodified opinion from statutory auditors BSR & Co. LLP. The results, compliant with SEBI Listing Regulations (Regulations 30, 33, 51, and 52), are available on the company’s website. While specific financial figures were not disclosed in the filing, auditors confirmed adherence to Indian Accounting Standards (Ind AS) and flagged no material misstatements.
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Dividend and Capital Raising
Shareholders will receive ₹11 per share, subject to approval at the 86th Annual General Meeting (AGM). Furthermore, the Board has empowered an internal committee to finalize the terms for raising ₹200 crore through non-convertible debentures (NCDs) or term loans to facilitate operational growth.
Governance and Compliance
The Board meeting, held from 2:00 PM to 4:30 PM IST, emphasized regulatory adherence. Company Secretary Rajiv Chandan affirmed adherence to SEBI’s disclosure regulations and emphasized intentions to present comprehensive fundraising terms for future approvals.
Stay tuned for further updates on market movements and financial insights.
Disclaimer: The information provided is for educational purposes only and does not constitute financial advice. We are not registered financial advisors. Please conduct your own research and consult a qualified advisor before making investment decisions. Any investment decisions you make based on this information are solely at your own risk.
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Published on: May 7, 2025 / M Vishnu
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