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About Tanfac Industries Ltd. - Company Information, Overview, History and Profile

What does Tanfac Industries Ltd. do?

Tanfac Industries is engaged in the manufacture of Anhydrous Hydrofluoric acid, Sulphuric Acid, Oleum. Aluminium Fluoride, Potassium Fluoride, Potassium Bifluoride, Boron Trifluoride Complexes, Calcium Sulphate (Gypsum), IsoButyl Acetophenone, Acetic Aci

Website: www.tanfac.com

Tanfac Industries Ltd. Management structure

All Gross Remunerations are in INR
N.R. Ravichandran
Chief Financial Officer
89.38 Lac
2024-3-31
Gross Remuneration
Year
Mr. Sramanraj Jain
Head(Sales & Marketing)
-
2024-3-31
Gross Remuneration
Year
Mr. S. Ilango
Head(HR & IT, Administrative)
-
2024-3-31
Gross Remuneration
Year
Mr. N. Rajesh
Head(Technical)
-
2024-3-31
Gross Remuneration
Year
Vinod Kumar
Company Secretary, Compliance Officer
-
2024-3-31
Gross Remuneration
Year

Tanfac Industries Ltd. Board of directors

All Gross Remunerations are in INR
K Sendhil Naathan
Managing Director
2.31 Cr
2024
Gross Remuneration
Year
V T Moorthy
Independent Non Exe. Director
8.5 Lac
2024
Gross Remuneration
Year
M R Sivaraman
Independent Non Exe. Director
8.5 Lac
2024
Gross Remuneration
Year
R Rajalakshmi
Independent Non Exe. Director
7.3 Lac
2024
Gross Remuneration
Year
Shankar Narasimhan
Independent Non Exe. Director
6.4 Lac
2024
Gross Remuneration
Year
Mariam Pallavi Baldev
Chairperson
2.4 Lac
2024
Gross Remuneration
Year

Tanfac Industries Ltd. - company history

Tanfac Industries Limited, is a Joint Venture Company promoted by Anupam Rasayan India Limited (Erstwhile Aditya Birla Group) and the Tamil Nadu Industrial Development Corporation Limited (TIDCO). Incorporated in 1972, the Company is India's largest supplier of fluorine chemicals. The Company commenced production in Mar.'85 and soon achieved 100% capacity utilisation. The company manufactures aluminium fluoride (inst. cap. : 9000 tpa) from its's plant at Cuddalore, Tamil Nadu. It also manufactures sulphuric acid, oleum, anhydrous hydrofluoric acid, cryolite and other fluorides. The company gets technical support from M/s Kvaemer Buss, Switzerland, M/s. CHENCO. Germany. The company's diversification scheme for the manufacture of Organo Fluorine Chemicals was completed in 1998-99. The Organo Fluorine Chemicals viz. 2,4, Dichloro fluorobenzene, Acetophenone etc., used as intermediate chemicals in the manufacture of new generation antibiotics (bulk drugs) called Ciprofloxacin, Enrofloxacin etc. The technology was sourced from Dalian F Chem, China. In 2000-01 the operations of the Company's new project for manufacture of DFCA remained suspended as it is uneconomical to operate the plant at the current depressed market price. The Company's R&D team has developed a new process for manufacturing Inorganic Fluorine chemicals in the existing plant, with a minimum addition to the equipment. The Company commissioned the 2.23 MW Captive Power Plant in March, 2005. The Poly Aluminium Chloride (PAC) Plant started manufacturing operation from April 2015. In 2022-23, M/s Anupam Rasayan India Limited (ARIL) acquired 24,89,802 shares held by Aditya Birla Group (ABG) through a Share Purchase Agreement dated 1st February 2022 and obtained joint control over the company along with the continuing promoter Tamil Nadu Industrial Development Corporation Limited (TIDCO). As per the provisions of the original Joint Venture Agreement (JV) signed by ABG and TIDCO, ARIL obtained the Management Control of the Company.