TCL Technologies Limited was incorporated in 1991 as a private company in the name of Toshniwal Chemicals Limited. This company belongs to Toshniwal group. In August 1994, the company was converted into a Public limited company. The company went public in May 1995 to part fund its Phase II project for manufacturing Ortho Di Anisidine Di HCL at Tarapur, Maharashtra.
The company has at present manufacturing facilities for Blue B Base with an installed capacity of 100 MT per annum. During the year 1999-2000 the company has diversified into Software Development.