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Tanfac calls EGM to approve ₹99.41 crore preferential issue

Tanfac Industries has convened an EGM for July 30, 2026, to approve the issuance of 4,24,647 equity shares at ₹2,341 each, raising ₹99.41 crore. The proceeds will finance a hydrofluorocarbons-32 plant and general corporate purposes. Anupam Rasayan India Limited will subscribe to 2,60,065 shares, increasing its stake to 24.99%. The meeting also seeks approval for the appointment of Dr. D. Karthikeyan as a Nominee Director.