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.
