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TCM inks pact to acquire 100% stake in Better Feeds

23 May 2025 Evaluate

TCM has entered into binding Memorandum of Understanding (MoU) for acquisition of 100% stake of ‘Better Feeds’ from its existing shareholders. Consequent to the aforesaid acquisition, Better Feeds will become a 100% subsidiary of TCM.

The objective of acquisition is to expand the manufacturing capacity of cattle/ poultry feed business of the company.

TCM is engaged in the manufacture of Potassium Chlorate - a vital raw material for the match Industry. In course of time the company diversified into a number of chemicals and established factories at Kalamassery in Kerala.


TCM Share Price

44.00 0.65 (1.50%)
11-May-2026 16:59 View Price Chart
Peers
Company Name CMP
BASF India 3865.25
Tata Chemicals 761.95
SRF 2798.45
Pidilite Inds. 1436.40
Deepak Nitrite 1861.90
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