NSE:TATACHEM

2 stories mentioning NSE:TATACHEMUpdated 53d ago

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Tata Chemicals' Consolidated Loss Widens in Fiscal Q4

Tata Chemicals' (NSE:TATACHEM, BOM:500770) consolidated attributable loss widened to 21.3 billion Indian rupees in the fiscal fourth quarter ended March 31, from a loss of 1.56 billion rupees a year ago.Loss per share grew to 83.68 rupees compared with a loss per share of 2.19 rupees a year earlier, the chemicals manufacturer said in a filing to the Indian bourses on Monday.Revenue from operations in fiscal Q4 declined to 34.4 billion rupees from 35.1 billion rupees a year ago. This was lower than the 34.8 billion rupees estimated by analysts polled by Visible Alpha.The company's board recommended a dividend of 11 rupees per share for the financial year ended March 31.

BOM:500770NSE:TATACHEM

Asia79d ago

Tata Chemicals Dissolves Two UK Subsidiaries Under Group Restructuring

Tata Chemicals (NSE:TATACHEM, BOM:500770) said two step-down subsidiaries, Cheshire Salt Holdings and New Cheshire Salt Works, have been dissolved following voluntary strike-off in the UK, according to a Tuesday filing on Indian bourses.Shares of the company were up over 1% in Wednesday's trade.The dissolution, effective April 14, is part of a move to simplify the group structure and does not change the company's ownership of its UK operations, the filing said.No proceeds were received from the closure as the entities were indirect subsidiaries, it added.

BOM:500770NSE:TATACHEM

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