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What is shareholding pattern? Who are shareholders?
What is a cash flow statement?
What is a balance sheet?
What is a profit and loss statement?
What are dividends?
What are bonuses?
Tecil Chemicals & Hydro Power (TCPL) was incorporated in 1945. Promoted by V P Varde and M S Bhandarkar, it was taken over by G D Somani and family in 1964. The company is engaged in the manufacture of calcium carbide, acetylene black, ferro silicon and desulphurisation compounds. It diversified into power generation by setting up two hydel power projects for captive power consumption. Calcium carbide is used in the manufacture of acetylene gas, PVC, desulphurisation compounds, etc. Acetylene black is mainly used for dry cell batteries. Ferro silicon and desulphurisation compounds are mainly used by mini steel and integrated steel plants for refining steel. Since the products manufactured by the company are power intensive, uninterrupted and adequate supply of power from captive units are expected to improve its performance.