Tanfac Industries Approves Major Expansion And Fundraising Plans

 Tanfac Industries Ltd, a leading player in the fluorochemicals sector, has announced a series of strategic decisions aimed at strengthening its growth trajectory. The company’s board has approved fundraising, share restructuring, and a major investment in a new manufacturing facility, underscoring its commitment to scaling operations and meeting rising demand.  

Key highlights from the announcement include  

• Approval to raise 5 billion rupees through equity share capital to support expansion.  
• Sub-division of one equity share into two, enhancing liquidity and accessibility for investors.  
• Investment of approximately 4.95 billion rupees in a new fluorinated chemical plant.  
• The facility will have a production capacity of 20,000 tonnes per annum (TPA).  
• The expansion is expected to strengthen Tanfac’s position in specialty chemicals and cater to growing domestic and international demand.  
• Industry experts note that the move aligns with India’s rising focus on chemical manufacturing and import substitution.  
• The company emphasized that these initiatives will create long-term value for shareholders and support sustainable growth.  

This development highlights Tanfac’s aggressive expansion strategy, combining capital raising with capacity enhancement. By investing in advanced chemical facilities, the company is positioning itself to capture opportunities in high-demand sectors while reinforcing its leadership in fluorochemicals.  

Sources: Business Standard, Economic Times, Mint