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The Overall management of the Company is vested with the Board of Directors of the Company. The Board of Directors is the highest decision making body of the Company within the guidelines defined by the Government of Kerala. As per the provisions of the Companies Act, 1956 certain matters require the approval of the shareholders of the Company in General Meeting. The Board of Directors is accountable to the shareholders of the Company, which is the ultimate authority of a Company. TCC Ltd, being a Kerala Public Sector Enterprise (PSE), the Board of Directors of the Company is accountable to Government of Kerala which holds % of the shares in the Company.

The day-to-day management of the Company is entrusted to the Chairman & Managing Director and other Officers of the Company. The Chairman & Managing Director and other officers exercise their decision-making powers as per the delegation of powers. he powers which are not delegated, are exercised by the Board of Directors subject to the restrictions and provisions of the Companies Act, 1956.

The officers were delegated their powers and duties by the Managing Director and further subdelegation of powers by the offers are done by way of office orders issued from time to time. A sub-committee of the Board of Directors is also set up for Audit.