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NOCIL Ltd.

BSE: 500730 | NSE: NOCIL |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE163A01018 | SECTOR: Petrochemicals

BSE Live

Jan 20, 16:00
250.10 -1.75 (-0.69%)
Volume
AVERAGE VOLUME
5-Day
67,362
10-Day
79,719
30-Day
87,102
51,223
  • Prev. Close

    251.85

  • Open Price

    252.95

  • Bid Price (Qty.)

    250.10 (400)

  • Offer Price (Qty.)

    252.65 (3)

NSE Live

Jan 20, 16:04
250.00 -2.05 (-0.81%)
Volume
AVERAGE VOLUME
5-Day
496,763
10-Day
748,081
30-Day
803,333
551,784
  • Prev. Close

    252.05

  • Open Price

    252.05

  • Bid Price (Qty.)

    250.00 (517)

  • Offer Price (Qty.)

    0.00 (0)

Annual Report

For Year :
2005

Chairman's Speech

Shri. Arvind N. Mafatlal retired as Chairman & Director of NOCIL, during the financial year. He has been a pioneer in the field of Petrochemicals in India and established the first integrated petrochemicals and polymer complex in Thane, Mabarashtra then known as NOCIL and PIL. As a measure of recognition of his service to NOCIL from its inception, the Board of Directors unanimously decided to appoint Shri. Arvind N. Mafatlal as Chairman Emeritus for life. Shri. Mafatlal has, throughout his distinguished career demonstrated the ability to balance business pursuits with devotion to philanthropic and spiritual causes. As a leading industrialist of the country, he has been associated at the highest levels with many Trade Bodies and Academic. Institutes. Notable among these are his stints as Director of the Reserve Bank of India and Industrial Development Bank of India, Trustee of Bombay Port Trust, Chairman of the Development Council for Textile Machinery. (Government of India), Member of the Agricultural Credit Board of Reserve Bank of India, Member of the Central Advisory Council of Industries etc. As someone who is closely interested in furthering the cause of Education and Research in the country, Shri. Mafatlal has served as Chairman of the Executive Council, National Chemical Laboratory, Pune, Member of the Advisory Committee of Indian Institute of Technology, Powai, Mumbai, Member of the Board of Governors, Indian Institute of Management, Alunedabad, Member of the Governing Body of CSIR, Chairman of Shri. Bhagubhai Mafatlal Polytechnic and College of Engineering etc. It is, however, through his unwavering involvement and tireless personal efforts in support of humanitarian causes that Shri Mafatlals true character shines through. As Chairman and Managing Trustee of Shri. Sadguru Seva Sangh Trust, Mumbai he takes keen interest in organising and supervising free eye camps in backward and adivasi areas of different states. More than 6,00,000 operations have been carried out in 75 camps by the Trust. Shri. Mafatlal has also set an example for the world at large by his personal involvement in organising and participating in relief and rehabilitation work during major national calamities like Koyna earthquake (1968), South Gujarat floods (1968), Rajasthan famine (1969), Biliar famine (1970), drought conditions in Maharashtra etc. Even in recent years, he personally worked for the rehabilitation of victims of Orissa cyclone and Gujarat earthquake. His association with BAIF (Formerly Bharatiya Agro Industries Foundation) from 1967, culminating in his nomination as Clidirman in 1977, resulted in exemplary implementation of various community development and relief projects for sustainable rural development, food security and clean environment. He, along with the legendary freedom fighter shri. Manibhai Desai, has done remarkable work in the field of Cattle Development, Community Kitchen in drought affected stales, establishment of Animal Health Laboratory facilities, programmes for Tribal Rehabilitation, Water & Land Resources Development etc. The sincere approach of BAIF under Shri. Mafatlals leadership evoked active responses from State Governments and various organisation like NABARD who came forward to add to this movement. His long and illustrious career is studded with many awards and recognitions like Business Leadership Award by the Madras Management Association (1971), Indian Merchants Chamber Award (197 5), Sir jehangir Chandy Cold Medal for Industrial Peace by by XLRI, Jamshedpur, The Lions Humanitarian Award by the International Association of Lions Club (USA) for sight related activities, Citizen of Bombay award by the Rotary Club of Bombay etc. We are indebted and grateful to Shri. Arvind N. Mafatlal for his contributions to the growth of industry and the well being of society by being an exemplary leader who has lived by his values. We, in NOCII, now dedicate ourselves to continue our journey on the path shown by him over these past decades. FOR MEMBERS ATTENTION 1. The Register of Members and the Share Transfer Books of the Company will remain closed from Tuesday 6th September, 2005, to Thursday 15th September, 2005 (both days inclusive). 2. The shares of the Company have been brought under compulsory dematerialisation. All the shareholders are requested to convert their shareholdings from physical form to demat form. 3. The members are requested to quote their Folio Number in all correspondence and also to notify immediately, change of address, if any to the Registrar & Share Transfer Agents, Sharepro Services (India) Pvt. Ltd., Satam Estate, 3rd Floor, Above Bank of Baroda, Cardinal Gracious Road, Chakala, Andheri (East), Mumbai-400099. 4. Pursuant to the provisions of section 205 of the Companies Act, 1956, the Company has transferred unclaimed dividends for the financial year 31st March, 1997 and unclaimed fixed deposits upto 31st March, 1998 to the Investor Education and Protection Fund. Unclaimed dividend for the financial year ended 31s1 March, 1998, will be transferred to the Investor Education and Protection Fund. 5. Members who have not received their dividend for the subsequent years are requested to immediately forward their claim to the Company to facilitate the payment. 6. Members are requested to bring their copy of the Annual Report along with them to the Annual General Meeting as the practice of distributing copies of the Report at the Meeting has been discontinued, and also to bring with them their Attendance Slip which may be submitted at the entrance duly signed. 43rd Annual General Meeting Date : 15th September, 2005. Day : Thursday. Time : 4.00 p.m. Place : Patkar Hall, S.N.D.T. Womens University 1, Nithibhai Damodar Thackersey Road Mumbai-400020.