TECIL Chemicals and Hydro Power Limited — Board Meeting, 12-08-2025: Outcome of Board Meeting

TECIL Chemicals has announced a board meeting where it approved the standalone financial results for the quarter ended June 30, 2025, which reported a loss of ₹0.0782 Cr.

Key decisions include:

* Approval of an unsecured loan from the Managing Director, Mr. Varghese Kurian, for up to ₹25 Cr at 9% p.a. for FY2026-29, subject to shareholder approval.

* Shareholder approval sought for future salaries for the Company Secretary (up to ₹0.35 Cr), CFO (up to ₹0.15 Cr), and sitting fees for Independent Directors (up to ₹0.05 Cr) for FY2026-29.

* The re-appointment of Mr. M.K. Suresh as Internal Auditor for FY2025-26.

* The 80th Annual General Meeting is set for September 18, 2025.