Tata Chemicals inches up on getting nod to raise up to Rs 200 crore
Tata Chemicals is currently trading at Rs. 807.95, up by 0.45 points or 0.06% from its previous closing of Rs. 807.50 on the BSE.
The scrip opened at Rs. 772.30 and has touched a high and low of Rs. 809.50 and Rs. 772.30 respectively. So far 10666 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1244.70 on 21-Oct-2024 and a 52 week low of Rs. 756.45 on 03-Mar-2025.
Last one week high and low of the scrip stood at Rs. 847.90 and Rs. 772.30 respectively. The current market cap of the company is Rs. 20329.55 crore.
The promoters holding in the company stood at 37.98%, while Institutions and Non-Institutions held 35.29% and 26.74% respectively.
Tata Chemicals has received approval from Board of Directors for raising of funds by way of a term loan(s) and/or through issuance of Non-Convertible Debentures (NCDs) on private placement basis, for an amount up to Rs 200 crore. The Board also authorized an internal committee, to take all applicable actions in respect of finalization of the terms of raising funds and/or issuance and allotment of NCDs. The Board of Directors of the Company, at its meeting held on May 7, 2025 has approved the same.
Tata Chemicals is the second-largest producer of soda ash in the world with manufacturing facilities in India, UK, Kenya and USA. It is India’s leading crop nutrients player and a leading player in crop protection business through its subsidiary Rallis India.
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