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Hindustan Dorr-Oliver Ltd.

BSE: 509627 | NSE: HINDDORROL | Series: NA | ISIN: INE551A01022 | SECTOR: Infrastructure

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Hindustan Dorr-Oliver is not traded on BSE in the last 30 days

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Jul 17, 15:31
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Hindustan Dorr-Oliver is not traded on NSE in the last 30 days
Company History - Hindustan Dorr-Oliver
YEAR                                                                
 EVENTS
 1949 - DOI was Incorporated on 17th December, as a wholly owned 
        subsidiary of Dorr-Liver Inc., USA.  
 
 1950 - A branch office of DOI was set up in India to distribute
 Dorr-
        Oliver equipment in India.
 
 1959 - Dorr-Oliver Inc., USA, entered into a technical assistance
        agreement with DOI, authorising it and providing process
 useful
        for filtration, sedimentation, classification and other
 purposes
        in a wide range of metallurgical, chemical, sanitation and
 other
        industries as also in the design and construction of plant in
        such industries.
 
      - After the Foreign Exchange Regulation Act 1973 came into
 force,
        it was no longer feasible for DOI to function as a branch of a
 
        foreign company in India.   Accordingly, DOI took necessary
 steps
        to promote the Company and transfer its business to it as a
 going
        concern.
 
      - The company entered into a technial assistance agreement with
 
        Dorr-Oliver Inc., USA, for making available to the Company 
        technology for exploitation in the following manner in India
 and
        abroad - (a) designing, supplying and installing equipment
 for
        sugar, paper, heavy chemicals, food, pharmaceuticals and 
        metallurgical industries.
        (b) designing, supplying and installing water, sewage and
 waste
        treatment plants and
        (c) undertake turnkey projects for complex fertilisers, heavy
        chemicals, and metallurgical plants.
        
      - The agreement stipulated payment of fees at the rate of 3.5%
 of 
        the net selling value of equipment and system dealt in by the
        Company with certain exceptions, subject to prescribed
 deductions
        and payment of Indian taxes.
       
 1974 - The Company was Incorporated on 26th July.  The Company's
 objects
        Designing, Manufacturing and marketing of specialised
 equipment 
        and process useful for filtration, sedimentation,
 classification
        and other purposes in a wide range of metallurgical,
 chemical,
        sanitation and other industries as also in the design and
        construction of plants in such industries.
 
 1975 - All shares issued to Dorr-Oliver (India) Ltd.
 
 1977 - The Certificate of Commencement of Business was obtained on
 13th
        January.  It was promoted by Dorr-Oliver (India) Ltd. (DOI).
 
      - The company commenced business operations from 1st April, 1977
 
        when certain assets and liabilities of Dorr-Oliver (India),
 Ltd.,
        were taken over by the company as a going concern.
 
 1978 - 2,20,000 shares issued at par; 20,000 shares reserved for
 firm
        allotment to Indian employees and directors of the Company
 and
        2,00,000 shares offered to the public during November 1977.
 
 1980 - The Company completed the construction of a Research Centre
 which
        started functioning from 1981.
 
 1982 - 5,28,000 Bonus shares issued in prop. 4:5.
 
 1984 - A technical collaboration agreement was entered into with
 Dorr-
        Oliver Inc., USA, for fluidbed combusion systems and steam
        generation plants.  This technical collaboration was due to 
        expire on 31st March 1987.  A fresh application was made of
 Govt.
        for extension of the collaboration agreement.
 
 1985 - The Company also successfully introduced larger capacity
 energy 
        efficient floatation cells for coal benefication and
 horizontal
        belt filter for mineral application.
 
      - 11,88,000 bonus shares issued in prop. 1:1.
 
 1986 - A separate technical collaboration agreement was entered into
 
        with Dorr-Oliver Inc., USA for latest technologies for
 horizontal
        belt filters and anitron pollution control systems. 
 Subsequently
        Dorr-Oliver Inc., USA., assigned their agreement with the
 Company
        for technical collaboration for fluidised bed coal combustion
 and
        steam generation systems to Keeler-Oliver Boiler Company of
 USA,
        and this was approved by Government.
 
      - The Company's R & D Department developed a range of new
 process
        equipment and systems with accent on energy efficient compact
        equipments for processiing and conservation of reserves. 
 Keeping
        this in view, a three stage package system for total oilwater
        separation/recovery was developed.
 
 1987 - The Company commissioned a commercial plant for handling
 petro-
        chemical waste waters.
 
 1989 - Some of the new products introduced were the largest
 floatation
        cells for metallurgical applications, large horizontal belt 
        filter (24 sq. mts) for hydrate seed washing system, cable
 forque
        thickener for aluminium hydrate application and high BOD
 waste
        treatment plant based on fixed film moving technology etc.
 
      - 23,76,000 Bonus equity shares issued in prop. 1:1.
 
 1990 - The company made an application for an industrial licence to
        manufacture polymerization products having a good market in
 the
        domestic and international arena.  The said project was to be
 
        set up in a backward district in Gujarat.  Collaboration 
        arrangements were being made.
 
 1991 - The Company entered into tie-up agreements with Soviet
 Filtermash
        of Ukraine and Buss AG of Switzerland to add synergistic
 products
        to the existing range.
 
 1994 - It was proposed to set up a joint venture Company with 
        Mackenzie Hydrocarbons Pty Ltd., Australia for supply of
 process
        equipment and projectts engineering services.
 
 1997 
 
 -As at 31st March, the holding company Dorr-Oliver (India) Ltd. 
 holds 31,68,000 No. of equity shares out of 47,52,000 No. of equity
 shares issued by the company.
 
 2000 
       
 -Mr. Suresh Dadlani has jointed as the Managing Director effective
              from June 22.
 
 -Mr. B.S. Mehta has resigned from the office of Alternate Director
              effective from June 30.
 
 -Mr. Y.C. Lumba has resigned from the office of the Executive
              Director to take effect from July 1.
 
 -The Company proposed to merge its wholly-owned subsidiary at
 Ahmedabad
               with itself, for administrative and operational
 synergies.
 
 2001  
 
 -The board of directors of Hindustan Dorr-Oliver Ltd has announced a
 dividend of Rs 1.50 per share
 
 - Hindustan Dorr-Oliver has entered into technical collaboration
 agreement with Belgium's Seghers Scientec Matrix for a period of 10
 years.
 
 2002
 
 -Hindustan Dorr Oliver to set up a Wholly Owned Subsidiary in Jebel
 Ali, UAE.
 
 -H N Nanani appointed as Additional Director of Hindustan
 Dorr-Oliver.
 
 -Hindustan Dorr-Oliver Ltd has informed about the sad demise of the
 Chairman of the company Sri M R Chhabaria on April 06, 2002.
 
 -Vidya Chhabria appointed as Director & Chairperson of Hindustan Dorr
 Oliver.
 
 2006
 
 -Hindustan Dorr-Oliver has given the Bonus in the Ratio of 1:5
 
 -Company has splits its Face value of Shares from Rs 10 to Rs 2
 
 2007
 
 - Hindustan Dorr secures Mega Order from IOCL.
 
 - Hindustan Dorr Oliver has secured an order for design, supply,
 engineering and construction of an Integrated Effluent Treatment
 Plant from Hindustan Petroleum Corporation Ltd for their refinery at
 Mumbai.
 
 2008
 
 -Hindustan Dorr-Oliver Ltd has informed that Mr. M. L. Majumdar has
 been co-opted as Additional Director on the Board of the Company
 w.e.f. July 30, 2008 in the Board Meeting held on July 30, 2008.
 
 2009
 
 - Hindustan Dorr Oliver Ltd has informed that the Company has bagged
 a prestigious project worth Rs 126.95 crores from HPCL-Mittal Energy
 Ltd for RO based DM plant of capacity 21 MLD.
 
 - Hindustan Dorr Oliver Ltd has inducted Mr. Shiv Dayal Kapoor as
 Additional Director on the Board in its Meeting held on October 30,
 2009.
 
 2010
 
 - Hindustan Dorr Oliver’s subsidiary DavyMarkham Limited has bagged
 the prestigious order from Hudson Bay Mining (HBMI), Canada, worth
 about pounds 8.3 million (nearly Rs 588.78 million). The order is for
 the supply of mining hoists to their new copper zinc mine at Manitoba,
 Canada.
 
 -Hindustan Dorr-Oliver Ltd. bags prestigious orders worth about 1350
 Million INR in their Minerals and Water Sector.
 
 -Hindustan Dorr Oliver Ltd gets three orders totaling to a worth of
 around Rs 135 crore.
 
 -Hindustan Dorr-Oliver acquires UK company.
 
 -The Company has been awarded Rs.267.65 crores worth of orders in
 various sectors consisting of Metals & Minerals, Environmental and
 Manufacturing of Heat Exchangers and Pressure Vessels for the
 Hydrocarbon sector.
 
 -Hindustan Dorr - HDO joins hands with SPIG S.p.A. ITALY.
 
 2011
 
 -Hindustan Dorr Oliver Limited Bags Prestigious orders worth 1284
 million INR from various PSU's and its global arm DavvMarkham bags
 order worth 11.33 million GBP.
 
 -The Cmpany gets order from Konkan Copper Mines Plc, Zmabia.
 
 2012
 
 -Hindustan Dorr-Oliver Ltd wins order for Field Instrumentation
 Package for Nuclear Power Project.
 
 2013
 
 -Hindustan Dorr-Oliver Limited bags order for Water Soluble
 Fertilizer Plant & 'D' Train DAP / NPK Plant in Fertilizer Sector.
 
 
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