Right To Information Act

                      Information Handbook under Right to Information Act

1. TICEL Biotechnology Park – I, II & III

       Tamilnadu Industrial Development Corporation Limited (TIDCO) in association with TIDEL Park Limited had developed TICEL Bio Park Limited (TICEL) for providing infrastructure facility for Biotechnology / Pharmaceutical Research & Development activities at Taramani, Chennai. TICEL Phase I comprises of 1,42,000 sq.ft of built up space developed at a cost of Rs.54.00 crore, which is operational from November, 2004.
       Government of Tamilnadu in its Industries demand (2006 – 2007) announced that TICEL will establish additional 5 lakhs sft. laboratory space for Biotechnology and Pharmaceutical research. Foundation Stone was laid on 26.8.2009 for establishing TICEL Biotechnology Park II with built up area of 6 lakhs sft. The Biotechnology, Pharmaceutical, Bio IT, Nano technology, and Biotech R&D units can establish their facilities in TICEL Biotechnology Park – II. Subsequently, TICEL developed Phase II with 6,49,000 sq.ft of built up space at a cost of Rs. 168.00 crore which is operational from September, 2015.
       The Hon’ble Chief Minister had announced under Rule 110 on 24.07.2014 that TICEL Bio Technology Park-III will be established in 10 acres land at Anna University campus at Coimbatore at a Project Cost of Rs.55 Crores (later project cost was increased to Rs. 85 Crores). The total built up area will be 2,29,000 sq.ft with MSB having Ground + 13 floors.

2. FINANCIAL POSITION (Bio Park –I)

3.In addition to the above, the following information is also furnished.

i)       The particulars of organization, functions and duties:
         
          The Registered Office of TICEL is at First Floor, TICEL Bio Park, CSIR Road, Taramani, Chennai-600 113.  The working days are Monday to Friday and the Office timing is from 10 a.m to 5.45 p.m with half an hour lunch break.  The holidays for TICEL are as applicable to the Offices of Government of Tamilnadu.  TICEL has been engaged in providing laboratory space with infrastructure facilities for Biotech R & D units.

ii)      The powers, duties of Officers and employees:

          TICEL is managed by the Board of Directors with the day to day management being looked after by the full time Managing Director.  The overall management of TICEL is vested with the Board headed by the Chairman.  The Board delegates its powers to the Chairman and also Managing Director for the smooth and efficient functioning of the organization.  The other Officers and employees perform their duties with such powers as may be delegated by the Board or the Chairman/Managing Director from time to time.

iii)      The procedure followed in the decision making process, including channels of supervision and accountability

          As TICEL has been registered under the provisions of the Companies Act, 1956, the governing of TICEL is subject to various provisions of the Companies Act, 1956.   Under the provisions of the Companies Act, shareholders of the Company have certain powers and the Board of Directors have certain powers to manage TICEL.  Directors are nominated to the Board of TICEL by TIDCO, TIDEL Park and Banks.  The Board delegates powers to the Chairman/Managing director wherever necessary.  The meeting of the Board of Directors can be convened as many times as may be required and such meetings should take place at least once a quarter as per the provisions of the Companies Act.  The Chairman/Managing Director looks after the management of TICEL on a day to day basis and various Heads of Departments in TICEL namely two Deputy Vice Presidents and five Managers in all Departments.  These officers are reporting to the Chairman/Managing Director. These officers are accountable for the performance of the Departments under their control.

iv)     The norms set by TICEL for the discharge of its functions

          Efficiency, integrity, Team work and co-ordination.

v)      The rules, regulations, instructions, manuals and records held by it or under its control or used by its employees for discharging its functions

          Memorandum and Articles of Association of the Company, Service Rules for the employees, instructions issued by TIDCO/Govt from time to time.

vi)     A statement of the categories of documents that are held by it or under its control:

          The documents held by the Company are the various correspondences between the Company and Clients/Banks/JV companies/Govt/others coming in contact during the course of business besides Service records relating to the Officers and employees.

vii)    The statement of the Boards, Councils , Committees and other bodies consisting of two or more persons constituted as its part or for the purpose of its advice and as to whether meetings of those bodies, councils, committees and other bodies are open to the public, or the minutes of such meetings are accessible for public:

          The Board of Directors is the highest authority comprising of Directors, Chairman and Managing Director appointed by the JV companies from time to time.  There are various Committees such as Audit Committee of the Board of Directors and other Committees of Officers constituted from time to time and the Minutes of the Board/Committees are not open or accessible to the Public.

viii     A directory of its officers and employees:
         
          Indicated separately in the Web site.

ix)     The monthly remuneration received by each of its officers and employees, including the system of compensation as provided in its regulations:

          The monthly remuneration is determined by the respective Scales of Pay, Dearness and other allowances at the rates of pay and allowances as prescribed in the Service Rules.

x)      The budget allocated to each of its agency, indicating the particulars of all plans, proposed expenditures and reports on disbursements made:

          The Financial Highlights are as indicated in Para 2.

xi)     The manner of execution of subsidy programmes, including the amounts allocated and the details of beneficiaries of such programmes:
          Not applicable.

xii)    Particulars of recipients of concessions, permits or authorizations granted by it:
          Not applicable.

xiii)    Details in respect of the information available to or held by it, reduced in an electronic form:

          Information related to Company Profile/Business is available at www.ticelbiopark.com

xiv)   The particulars of facilities available to citizens for obtaining information, including the working hours of a library or a reading room if maintained for public use:

          Company does not maintain any public library.

 xv)    The names, designations and other particulars of the Public Information Officer: