TANFAC Industries to Raise ₹423.5 Crore via QIP and Preferential Issue for R-32 Expansion
TANFAC Industries has successfully concluded a ₹250 crore Qualified Institutional Placement and announced a further ₹173.5 crore raise through a preferential issue. The total capital infusion of ₹423.5 crore will be deployed to establish a presence in the R-32 refrigerant gas market and expand its high-value fluorochemical portfolio.
TANFAC Industries to Raise ₹173.49 Crore via Preferential Issue; Plans NSE Listing
TANFAC Industries has approved a preferential issue of 7.41 lakh equity shares to raise approximately ₹173.49 Crore from promoters and private investors. The board concurrently announced a leadership transition with a new Chairperson and initiated the process for listing on the National Stock Exchange.
AksharChem India Commissions 2.4 MWp Solar Power Plant for Dahej Factory Operations
AksharChem India Limited has successfully commissioned a 2.4 MWp solar power plant in Gujarat to provide captive power to its Dahej manufacturing facility. The plant began generating electricity in April 2026, marking a significant step in the company's transition toward sustainable energy sources.
Bhageria Industries Commissions 7 MW Solar Power Plant in Maharashtra
Bhageria Industries has announced the successful commissioning of a 7 MW solar photovoltaic power plant in Khanapur, Maharashtra, through its subsidiary Rahuri Cleantech. This project marks a significant milestone in the company's commitment to develop an aggregate 32 MW capacity under the state's MSKVY 2.0 initiative.