TCM has received approval to incorporate new wholly owned subsidiary company in the name of ‘TCM Solar’ with 100% shareholding of TCM initially with Rs 15 lakh authorized capital and Rs 1 lakh Paid Up Capital which will do business of generating, producing, transmitting, supplying, distributing and dealing in electricity and all forms of energy and power derived by any source whether nuclear, steam, hydro, tidal, wind, solar, hydrocarbon fuel or any other form and business of establishing, manufacturing, commissioning, setting up, operating and maintaining electric power equipment, transmission systems, networks, power systems, generating stations based on conventional/ non-conventional resources for evacuation, transmission, distribution, trading or supply of power through establishing or using stations, tie-lines, sub-stations and transmissions or distribution lines in any manner including Build, Own and Transfer (BOT), Build, Own and Operate (BOO), Build Own, Lease and Transfer (BOLT) and/or Build, Own, Operate and Transfer (BOOT) basis or otherwise. The Board of Directors of the Company in its meeting held on December 06, 2022 has considered and approved the same.
TCM has been the manufacturers and suppliers of India's best copper sulphate and other industrial chemicals.
