Multibagger Specialty Chemical Company Approves Rs 200 Crore Greenfield Expansion Plan; Check the Details

Tatva Chintan Pharma Chem’s board approved a Rs 200 crore capacity expansion at its Dahej-III greenfield facility in Bharuch, Gujarat.

The expansion will add 344 kilolitres of reactor capacity and is expected to be completed in about 21 months.

The borrowing limit was raised from Rs 300 crore to Rs 1,000 crore to support the expansion.

Chintan Nitinkumar Shah was re-appointed as Managing Director, and Ajaykumar Mansukhlal Patel and Shekhar Rasiklal Somani as Whole-time Directors for three more years from February 1, 2027.

For Q1 FY27, revenue rose 43% YoY to Rs 167.1 crore, and PAT surged 140% YoY to Rs 16 crore.