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    506854 — Tanfac Industries News Story

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    India's Tanfac Industries gains after 1.74 bln-rupee fund raise

    Picture of Tanfac Industries logoTanfac Industries
    07/07/2026 07:45
    BUZZ-India's Tanfac Industries gains after 1.74 bln-rupee fund raise
    ** Shares of Tanfac Industries TAMF.BO rise 2.2% to 2,410 rupees, set to snap a five-day losing streak
    ** Chemical maker raises 1.74 billion rupees ($18.26 million) from promoters, other investors to support growth, expansion plans
    ** Co to use proceeds to strengthen R-32 refrigerant gas segment and expand value-added fluorochemical portfolio
    ** Over 31,000 shares traded, 1.7x the 30-day avg
    ** Stock up 43.6% YTD
         
         
         
         
         
         
         
         


    ($1 = 95.3150 Indian rupees)

     (Reporting by Aleef Jahan in Bengaluru)
     ((aleefjahan.cs@thomsonreuters.com))

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