- The Company's object to undertake fabrication coating and re-coating of mercury metal anodes coating/re-coating of cathodes/anodes manufacture of components for Ion-Exchange membrane electrolysers for chlor-alkali industry water electrolyser electro-chlorinator for water electrolysers and anodes for cathodic protection.

- The Company undertook to set up a project for coating/re-coating of fabrication of anodes under the mercury process. In view of this the Company entered into an agreement with Wimco Ltd. on 30th November to take over the existing assets and liabilities of its metal anodes division at Rampur for a consideration of Rs. 603 lakhs.

- The Company was also proposed to upgrade its existing facilities for manufacture of components for membrane cells electro-chlorinator for water treatment water electrolysers for production of pure hydrogen anodes for cathodic protection systems and undertake coating of anodes/cathodes under the membrane cell process. An important pickling tank along with a furnace drawings was procured from the collaborators. Other plant and machinery such as power panels furnace forklift etc. were to be secured from indigenous sources.

- The Company entered into a technical collaboration agreement on 20th September with Oronzio De Nora Netherland for selection erection and installation of plant and machinery for design engineering and quality assurance etc. The collaborators participated to the extent of 40% in the equity capital of the Company.

1990 - 7 signatories to the Memorandum of Association. 29 99 993 No. of equity shares then issued at par of which the following were reserved and allotted on a firm basis:

- (i) 12 00 000 shares to foreign collaboration M/s. Oronzio De Nora International BV Netherlands and - (ii) 11 99 993 shares to Indian promoters resident directors etc.

- Of the remaining 6 00 000 shares 1 50 000 shares were reserved for allotment on a preferential basis to employees (including Indian working directors)/workers of the Company (all were taken up). The balance 4 50 000 shares were offered for public subscription during December (all were taken up).

1991 - Profits declined due to increased cost resulting from devaluation of Rupee and deferment of projects by user industry due to political uncertainty and monetary constraints.

- The Company embarked upon setting up of another plant in Goa.

1992 - The Company entered into a technical collaboration with Oronzio De Nora S.A. Switzerland for the manufacture of titanium anodes for cathodic protection (anti corrosion) system.

- During August 15 00 000 rights equity shares issued (prop. 1:2; pref. Rs.30). 75 000 No. of equity shares offered at a prem. of Rs.30 per share to employees (only 37 800 shares taken up). The The unsubscribed 37 200 shares of employees quota allowed to lapse. Additional 50 000 No. of equity shares at a prem. of Rs.30 offered to the Company's foreign collaborator who took up only 25 000 shares.

1994 - Turnover declined due to reduced level of activity related to new anode supply to membrane projects. Moreover liberalisation measures introduced by the Govt. has provided an option to Indian customers to directly import plants including second hand plants.

2003

- Board have approved to delist the equity shares of the company from the Mangalore Delhi & Mumbai Stock Exchanges.

2004

-Titanor Components Ltd. has informed that the securities of the Company have been delisted from The Delhi Stock Exchange Association Limited wef December 10 2003.