|PROMOTERS OF THE COMPANY
TCP Limited was incorporated on 8th June 1971, as a Joint Sector Unit, with the Tamil Nadu Industrial Development Corporation Limited (TIDCO).
In pursuance to the decision of the State Government to disinvest the shares of the Joint Sector Unit held by TIDCO, in favour of private promoters, the shares of the company were disinvested by TIDCO Ltd., in favour of the Udayar Group, with effect from 7th November 1986.
The company has set up its Plant for the manufacture of 4600 MTs (re endorsed from 3300 tonnes) of Sodium Hydrosulphite (SHS), with the technical Know-how from the Mitsubishi Corporation of Japan, through the unique Sodium Formate Route, adopted for the first time in India. The plant is located at Karaikudi, a notified backward area, in Tamil Nadu state.
The product, Viz., Sodium Hydrosulphite, has a very wide application in the industries like Textiles, Jaggery, Pharmaceuticals and Ceramics.