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Board of Thirumalai Chemicals approves incorporation of subsidiary in Netherlands

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Capital Market

At meeting held on 07 January 2019

The Board of Thirumalai Chemicals at its meeting held on 7 January 2019 has approved the formation of a Wholly Owned Subsidiary in the Netherlands for Marketing & Distribution of TCL's products in Europe the UK and other countries. The Subsidiary in Europe will also handle REACH Compliances. The initial investment will be upto Euro 200,000.

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First Published: Jan 08 2019 | 1:51 PM IST

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