Ashish Kacholia’s portfolio chemical stock: Tanfac Industries Approves Downstream Expansion and Key Strategic Decisions
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The stock gave multibagger returns of 390 per cent in 3 years, 1,800 per cent in 5 years and a whopping 11,000 per cent in a decade.
Tanfac Industries Limited has officially greenlit a significant expansion of its downstream fluorinated chemicals segment at its Cuddalore manufacturing site. This strategic move involves an investment of approximately Rs 495 crore to establish a new facility with an annual capacity of 20,000 tonnes. Slated for completion by November 2026, the project aims to leverage the existing SIPCOT Industrial Estate infrastructure to serve both domestic and international markets. This expansion is a cornerstone of the company’s long-term growth strategy to diversify its high-value product portfolio and will be financed through a balanced mix of equity and debt.
Alongside the industrial expansion, the Board has enacted several pivotal leadership and structural changes to steer the company’s next growth phase. Mrs Sandhya Venugopal Sharma, IAS, has been appointed as the new Chairperson, while Mr Afzal Harunbhai Malkani takes over as Managing Director for a five-year term. To support its capital requirements, the Board approved a fundraise of up to Rs 500 crore via Qualified Institutional Placement (QIP) or other equity routes. Furthermore, in a move to enhance market liquidity and broaden its investor base, Tanfac will undergo a stock split, subdividing the face value of its equity shares from Rs 10 to Rs 5, pending the necessary regulatory and shareholder approvals.
About Tanfac Industries Limited. (TANFAC)
Tanfac Industries Limited is a prominent chemical manufacturing company based in India, specialising in the production of high-quality speciality fluoride chemicals. Founded in 1972, TANFAC is a joint venture between Anupam Rasayan India Limited and Tamil Nadu Industrial Development Corporation (TIDCO). The company commenced commercial production in March 1985 and has since established itself as a leading producer in its field. The manufacturing facilities are strategically located in the SIPCOT Industrial Estate, Cuddalore, Tamil Nadu, covering an expansive area of 60 acres. The location provides logistical advantages for both domestic and international distribution.
The shares of the company have an ROE of 32 per cent and an ROCE of 42 per cent. The stock gave multibagger returns of 390 per cent in 3 years, 1,800 per cent in 5 years and a whopping 11,000 per cent in a decade. An Ace Investor, Ashish Kacholia, owns a 1.65 per cent stake in the company as of December 2025. The company has a market cap of over Rs 4,000 crore.
Disclaimer: The article is for informational purposes only and not investment advice.