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History of TCM Ltd.

The Comp. was incorporated in 1943.

The Comp. is being managed by its directors headed by its Chairman Mr R G N Swamy.

The Comp. is mainly involved in manufacturing activity. However the mix & the range of products of Comp. have not been furnished in the published balance sheets of Comp. as the Comp. has been exempted a Government Order No 46/24/93-CL dated 1.03.93 from disclosing such particulars.However the Comp. mainly has the facility for manufacture of Sodium Chlorate which is an important rocket fuel which is being purchased mainly by Government of India.

There was lockout in the Kalamassey plant which has resulted because of import compression policies of govrnment.This lockout which lasted about 4 months during 1991-92 resulted in the drop in production during that year.

The Comp. also worked out a Early Voluntary Retirement Scheme for its employees during 1991-92 whic resulted in the additional financial burden of about Rs 91.11 lakhs during that year.

The Comp. is planning to diversify into organic chemicals. In the EGM held on 25.02.93 it had been approved to issue 700000 equity shares to M/S Wimco Ltd who are awaiting the Central Government approval for this investment.

This Comp. did not have any subsidiaries.

2003

- TCM Ltd has informed BSE that the designation of Executive Director, Mr K Gopalan has been changed to 'Managing Director' of Comp. in the Board meeting of Comp. held on January 17, 2003.