The project is expected to be completed over the next 24 months.
Additionally, the board also approved an investment of Rs 775 crore for expanding precipitated silica manufacturing capacity at its Cuddalore plant, Tamil Nadu, aimed at catering to growing demand for specialty silica in rubber and automotive tyre industries. The plant currently has a capacity of 13.8 KTPA with 88% capacity utilization. The proposed expansion will add 50 KTPA of precipitated silica capacity.
The said project is expected to be completed over the next 24 months.
Tata Chemicals is a leading supplier of choice to Glass, Detergent, Industrial and Chemical sectors. The company has a strong position in the crop protection business through its subsidiary company, Rallis India.
On consolidated basis, the company’s net profit declined 60.31% to Rs 77 crore on 3.05% decline in revenue from operations to Rs 3877 crore in Q2 FY26 over Q2 FY25.
The counter rose 0.03% to Rs 810.20 on the BSE.
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