BSE Live
Oct 29, 15:18Prev. Close
182.75
Open Price
183.30
Bid Price (Qty.)
186.00 (48)
Offer Price (Qty.)
186.55 (1836)
NSE Live
Oct 29, 15:18Prev. Close
182.70
Open Price
182.00
Bid Price (Qty.)
186.17 (32)
Offer Price (Qty.)
186.38 (55)
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.
2017
-NOCIL gains on getting nod for expansion of capacities at Navi
Mumbai, Dahej
2018
-The Company has received award from Indian Chemical Council for
development of Indigenous Technology.
2019
-Commencement of Trial Production of Phase II of Expansion at Dahej.
-The Company has been conferred the ICC Award for Excellence in
Management of Environment for the year 2018 for its plant at Dahej,
Gujarat.