India's Thirumalai Chemicals falls on prolonged outage at unit

About this update from Thirumalai Chemicals Limited

** Thirumalai Chemicals NSE:TIRUMALCHM falls 3.5% to 217 rupees** Commodity chemicals maker says subsidiary facing longer-than-expected outage at its Maleic Anhydride unit due to machinery failure** Outage expected to reduce consolidated revenue by ~23.5 bln rupees ($260.5 million) annually; unit accounted for 9.6% of FY25 consolidated revenue** Co reports estimated revenue loss of 11.8 billion rupees in H1 FY26; derivatives plant operations continue** YTD, THRM falls 32%($1 = 90.1975 Indian rupees)

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