Tainwala Chemicals and Plastics (India) Ltd. announced that the Board of Directors of the company at its meeting held on January 23, 2013, Mr. Malay Shah has been appointed as Company Secretary and Compliance Officer of the company with effect from January 14, 2013, in place of Mr. Rohish Samant who has resigned from the post, which was accepted by the Board with effect from January 12, 2013.

Tainwala Chemicals reported unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported profit from operations before other income, finance costs and exceptional items of INR 0.488 million, profit before tax of INR 4.265 million and net profit of INR 4.265 million or INR 0.45 per basic and diluted share on total income from operations of INR 27.178 million against loss from operations before other income, finance costs and exceptional items of INR 6.634 million, loss before tax of INR 3.588 million and net loss of INR 3.600 million or INR 0.38 per basic and diluted share on total income from operations of INR 23.666 million reported for the same period a year ago. For the nine months period, the company reported loss from operations before other income, finance costs and exceptional items of INR 6.212 million, profit before tax of INR 5.714 million and net profit of INR 5.714 million or INR 0.61 per basic and diluted share on total income from operations of INR 72.820 million against loss from operations before other income, finance costs and exceptional items of INR 23.790 million, loss before tax of INR 4.240 million and net loss of INR 4.240 million or INR 0.45 per basic and diluted share on total income from operations of INR 77.930 million reported for the same period a year ago.

Tainwala Chemicals announced that they will report Q3, 2013 results on Jan 23, 2013