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नोसिल > कंपनी इतिहास > Petrochemicals > कंपनी इतिहास का नोसिल - बीएसई: 500730, NSE: NOCIL

नोसिल

बीएसई: 500730  |  NSE: NOCIL  |  ISIN: INE163A01018  |  Petrochemicals

कंपनी इतिहास - नोसिल
YEAR                       EVENTS
 1961 - The Company was incorporated on 11th May, at Mumbai.  The
 Company
        manufacture various organic and inorganic chemicals.
 
 1964 - The Company entered into technical collaboration agreements
 with
        the Royal Dutch/Shell Group of Companies and Universal Oil
        Products Co., U.S.A. Engineering agreements were also signed
 with
        Bataafse Internatioinale Chemie Matschappij N. V.,
 Netherlands,
        Stone and Webster Engineering Corporation U.S.A.
 
 1965 - 4,00,000 shares subscribed for by foreign collaborators.  The
        Shell Petroleum Co., Ltd., in equivalent pound sterling.
        3,39,899 shares subscribed for by Mafatlal Group, their
        associates, friends, employees etc.  4,60,000 shares offered
 at
        par to the public during Febraury, 1966.
 
 1967 - Shares fully called-up.  381 shares forfeited.
 
 1969 - 381 forefeited shares reissued.
 
 1975 - 6,00,000 Bonus shares issued in prop. 1:2.
 
 1979 - The Company set up a project for the manufacture of 1,100 TPA
 of
        technical organo-phosphates as also derived formulations
 based
        on the technical know-how from Royal Dutch/Shell Group.
 
 1980 - 6,00,000 Bonus shares issued in prop. 1:3.
 
 1984 - The Company received a Letter of Intent for the manufacture
 of
        phosphamidon and DDVP, two agrochemicals, at Lote Parshuram.
 
      - The Company submitted an application for the manufacture of
        sulphonates and sulphates of linear alkyl benzene/dodecyl
        benzone/alpha olefins/fatty alcohols and detergents.
 
 1985 - The Company obtained sanction to manufacture per annum 30
 tonnes
        of hydroxyl terminated polybutadiene in collaboration with
 Indian
        Space Research Organisation.
 
 1986 - 12,00,000 Bonus equity shares issued in prop. 1:2.
 
 1987 - Ensen Holdings Private Limited became a subsidiary of the
        Company.
 
 1988 - The Company's programme for modernisation and substantial
        expansion of its ethylene capacity to 300,000 tonnes at Thane
        received locational as well as environmental clearance from
 the
        Maharashtra Government.
 
 1991 - Operations at Thane were affected for three weeks in June,
        following inundation of the complex consequent to
 unprecedented
        heavy railfall.
 
      - The Company received approval for foreign collaboration
        agreements to cover the supply of know-how/technology for a
        majority of the processes involved in the project.
 
      - The Company received necessary approvals for production of
        20,000 TPA of high yielding varieties, hybrid seeds at
 different
        locations in different states, outside urban area and
 municipal
        limits.
 
 1992 - During December, the Royal Dutch/shell group decided to
 withdraw
        as a shareholder from NOCIL.  Following the Necessary
 approvals
        from RBI, the Royal Dutch/Shell group transferred its entire
        shareholding to Arvind Mafatlal Group and its business
        associates.
 
      - The shutdown of the Thane complex continuing longer than
        scheduled, interruption in power supply and the transporters
        strike in July affected adversely the operations of
        petrochemicals unit.
 
      - The R&D Unit undertook development of PVC and thermo plastic
        rubber compounds and expandable polystyrene.
 
 1993 - The Ethylene pipeline from IPCL's plant at Nagothane to
        petrochemicals plant at Thane was commissioned.
 
      - The Company entered into a joint venture agreement with
 Dowelanco
        Agricultural Products Ltd., an associate of Dowelanco to
        establish a joint venture company `DE-NOCIL Corp Protection
 Pvt.
        Ltd.' in India to manufacture crop protection chemical for
 the
        Indian market and also to take over the Agrochemicals and
 seeds
        business of the Company.
 
      - A Research group was set up to synthesis novel mollecules
        which seemed to have fungicidal and herbicidal activity.  In
        addition, biological screening of novel mollecules were
 carried
        out in collaboration with Shell Research Centre, U.K.
 
      - The Company commercialised the process know-how obtained from
        Regional Research Laboratories at Hyderabad and Jorhat in
 respect
        of Monocrotophos and a multipurpose plant for the manufacture
 of
        DDVP/Phosphamidon was to be set up.
 
      - The R&D unit embarked upon product application technology
        development for thermo plastic rubber and had also undertaken
        development of new process/product technologies in the fields
 of
        agrochemicals, fine/speciality chemicals, formulation
 development
        and methods of effluent treatment.
 
      - The R&D Unit undertook development of new process/product
        technologies including upgradation of by-product streams.  It
        also carried out application development work on polyolefins
 and
        thermoplastic rubber compounds to enlarge the market.
 
      - Polyolefins Industries Ltd. (PIL) was amalgamated with the
        Company effective from 1st April.  Pursuant to the scheme of
        amalgamation, the Company issued 13,30,285 No. of equity
 shares
        of Rs 100 each to the shareholders of PIL in the ratio of one
        equity shares of Rs 100 each of PIL for every one equity
 share
        of Rs 100 beach of the company.
 
      - The Company proposed to issue 12,00,000 bonus equity shares
 in
        prop. 1:3.
 
      - Urvija Investments Ltd. became a subsidiary of the company
 during
        the year consequent to the amalgamation of PIL with the
 Company.
 
 1994 - New speciality grades of HDPE were successfully introduced in
 the
        local market.
 
      - During the year new value added polymer compounds like
        Antifibrillation Musterbatch, Furniture Compounds etc. were
        introduced.
 
      - The Company's proposal to modernise the Naphtha cracker plant
        which would increase the Ethylene capacity to 3,20,000 TPA
 along
        with 1,80,000 tonnes per annum of polypropylene, 2,10,000
 tonnes
        per annum of Polyethylene and a plant for Ethoxylates.
 
 1995 - 6,13,02,850 bonus equity shares issued in prop. 1:1.
 
 1996 - Drip irrigation systems for high value horticulture products
 were
        successfully introduced during the year.
 
 1997 - The Company commissioned a new and latest state-of-the-art
        technology blow moulding plant for the manufacture of L-ring
        drums and large capacity containers.
 
      - Indian Petrochemicals Corporation Ltd and Infosys
 Technologies
        Ltd have signed agreements with National Securities
 Depository
        Ltd (NSDL) to get their equity shares admitted for
        dematerialisation on NSDL.
 
      - Dow Chemicals of the US has emerged as the front-runner in
 the
        race to acquire a majority stake in the petrochemical joint
        venture with National Organic Chemicals company (NOCIL), an
        Arvind Mafatlal Group company.
 
 1998 - The company received certification for the quality management
        system for the remaining products groups in petrochemicals
        division and for all the products in the polymer, Rubber
        Chemicals and Plastics Products Divisions.  The company has
        thus received ISO 9000 certification for all its divisions.
        The company now wishes to acquire the Certificate for
        Environment System ISO 14000.
 
      - A memorandum of understanding has been signed between
 Mafatlal
        Industries.  Shell, Montell and Nocil for the setting up of
 the
        new project with capacity of 450,000 tonnes per annum.
 
 1999 - The Arvind Mafatalal-group controlled Nocil has launched an
        attractive voluntary-retirement scheme (VRS) at its
        petrochemicals and polymer division before it is officially
        taken over by Shell Montell.
 
      - National Organic Chemical Industries Ltd (Nocil) has shut
 down
        its poly vinyl chloride (PVC) plant at Thane.
 
      - Representatives of National Organic Chemicals Ltd (NOCIL), a
        Shell-Montell Polyolefins-Mafatlal promoted company was
 grilled
        by citizens groups and residents of Navi Mumbai over the
        violation of environmental protection norms adopted in its
        proposed expansion programme.
 
        - National  Organic Chemicals Ltd (Nocil) has informed the
 Bombay Stock Exchange that its petrochemicals          plant was shut
 down from Tuesday, November 27.
 
 2002-Nocil has been shut down due to financial problem. The company
 was shut down after Bharat Petroleum Corporation Ltd (BPCL) stopped
 supplying naphtha to it since Nocil did not make outstanding payment
 of Rs 130 crore.
 
 -National Organic Chemical Industries Ltd has informed BSE that the
 Commissioner of Labour by his order dated August 30, 2002 granted
 permission to the Company to close down the Petrochemicals Division
 of the Company under Section 25 - O of the Industrial Disputes Act,
 1947.
 
 2004
 
 -NOCIL Board approves Financial Restructuring Proposal
 
 -NOCIL signs a MoU with Reliance Industries Ltd. to sell its
 petrochemical & plastics products division
 
 2006
 -National Organic Chemical Industries Ltd ha appointed Mr. C L Jain
 as an Additional Director of the Company.
 
 2007
 
 -National Organic Chemical Industries Ltd has appointed Mr. Dhanajay
 Mungale as an Additional Director on the Board of Directors.
 
  - Company name has been changed from National Organic Chemical
 Industries Ltd.to NOCIL Ltd.
 
 2008
 
 -Nocil Limited has appointed Mr. V. K. Gupte as a Company Secretary
 of our Company w.e.f. 12th April, 2008.
 
 2009
 
 -NOCIL Ltd has recommended dividend @ Re 0.60 per Equity Share of Rs
 10/- each (6%) 
 
 2010
 
 -NOCIL Ltd has recommended dividend @ Re 0.60 per Equity Share of Rs
 10/- each (6%) 
 
 -Mr. Pradeep Vasudeo Bhide has been appointed as Additional Director
 of the company
 
 2011
 
 -NOCIL - Assignment of the Registered Trademark MONOCIL
 
 2012
 
 -NOCIL Ltd has recommended a dividend @ Re. 0.60 per Equity Share of
 Rs. 10/- each (6%)
 
 2013
 
 -NOCIL commenced production at its new Greenfield Plant at Dahej.
 
 2014
 
 -NOCIL Ltd has recommended a dividend @ Re. 0.60 per Equity Share of
 Rs. 10/- each.
 
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • MARKET CUES : FIIs ने कैश में `566.52 Cr की खरीदारी की
  • MARKET CUES : DIIs ने कैश में `183.41 Cr की खरीदारी की
  • MARKET CUES : FIIs ने F&O में `800 Cr की बिकवाली की
  • MARKET CUES : इंडेक्स फ्यूचर्स में `818 Cr की बिकवाली की
  • MARKET CUES : इंडेक्स ऑप्शंस में `140.36 Cr की खरीदारी की
  • MARKET CUES : स्टॉक फ्यूचर्स में `42.76 Cr की बिकवाली की
  • MARKET CUES : स्टॉक ऑप्शंस में `79.20 Cr की बिकवाली की
  • MS ON TCS : Equal-weight रेटिंग, लक्ष्य `1,980/Sh
  • MS ON TITAN : Equal-weight रेटिंग, लक्ष्य `1240/Sh
  • MS ON ICICI BANK : Overweight रेटिंग, लक्ष्य `665/Sh

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