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TECIL Chemicals and Hydro Power LimitedOthers, 26-08-2025: Shareholders meeting

26-08-2025 | 06:02 pm

TECIL Chemicals' 80th Annual General Meeting on September 18, 2025, will review Audited Financial Results for FY 2024-25, reporting a 0.3874 Cr loss with minimal revenue. Manufacturing operations are still suspended. Shareholders will vote on the re-appointment of CEO Mr. Jeeben Varghese Kurian and crucial related-party transactions. These RPTs, vital for daily operations, include an unsecured loan of up to 25 Cr from the Managing Director and payments for key personnel salaries and Independent Director sitting fees, totaling 0.55 Cr, all spanning FY 2026-29. The company's future hinges on pending government approval for an industrial and recreational park.

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