Ador Welding Ltd
NSE: ADOR BSE: 517041
₹999.80
(-0.72%)
Wed, 18 Mar 2026, 10:51 am
Market Cap17.5B
PE Ratio26.43
Dividend1.99
Producer Manufacturing
Miscellaneous Manufacturing
24.5KCompany History
1951
- The company was incorporated as a private limited company.
1979
- The equity shares were issued as bonus shares.
1985
- The Company revalued its freehold land and leasehold right.
- The Company redeemed the balance 15% Non-convertible debentures.
- The Company issued 28,00,000 equity shares at a premium of Rs 2 per share.
1986
- The Company entered into collaboration agreement with welding industries Oerlikon Buhrle Ltd, Switzerland.
- The Company signed a Memorandum of Understanding with Ocean Technical Systems Ltd and Vosper Thorny Croft, UK.
- J.B. Advani & Co. Pvt. Ltd ceased to be the holding company of Advani-Oerlikon Ltd after the public issue of shares and debentures.
1989
- The high technology welding consumables were introduced in the market.
1992
- The company embarked upon a modernisation programme for its manufacturing facilities.
1993
- The Company signed an agreement with Timah Langat Berhad, Malaysia to set up a joint venture project.
- The Company proposed to disinvest its shareholding in the joint venture company.
- 36,00,000 Rights equity shares were issued.
- 8 years 17.5% Secured Redeemable Non-Convertible debenture was issued to UTI.
1994
- The Company's subsidiary Advanced Welding Alloys Ltd was merged with the Company.
- 52,200 fully paid equity shares were issued and allotted to the other shareholders of the Amalgamated Company.
1995
- 100 equity shares of Ador Powertron Industries Ltd were offered to AOL shareholders.
1996
- 52,76,100 bonus shares were issued.
1997
- The company entered into technical collaboration with Machinenfabrick GmbH, West Germany.
2004
- Mr. V.G. Kutty took over as Managing Director from Mr. A.T. Mirchandani.
2005
- The company delisted equity shares from the Madras Stock Exchange Ltd and The Stock Exchange, Ahmedabad.
2006
- Mr. R A Mirchandani was appointed as an Additional Director.
2007
- Ador Welding Ltd recommended a Dividend at Rs. 12 per share.
- Mr. A T Malkani and Mr. D A Lalvani were appointed as Additional Directors.
2008
- Ador Welding Board recommended a Dividend at Rs. 8 per share.
- Project e-Genx was implemented.
- Pune plant achieved 'U', 'R' and 'NB' certification and stamps from 'ASME' and 'National Board of Boilers and Inspectors' of USA.
- Ador Group completed 100 years.
2009
- Ador Welding Board recommended a Dividend at Rs. 4 per share.
- Mr. Digvijay Singh was appointed as an Additional Director.
- ADOR Welding Academy moved to Pimpri, Pune.
2010
- Ador Welding Board recommended a Dividend at Rs. 6 per share.
- Mr. Vippen Sareen was appointed as an Additional Director.
- AWL and AMET formed a cooperative alliance.
2011
- Ador Welding Board recommended a Dividend at Rs. 6 per share.
- AWL received the Consolidated ISO 14001:2004 certification for all consumables plants.
2012
- Ador Welding Board recommended a Dividend at Rs. 6 per share.
2013
- Efficient Wind Tower Manufacturing.
- Improving Productivity with Tungsten Inert Gas welding.
- Safety at the Work Place.
2014
- Ador Welding Ltd has recommended a Dividend at Rs. 5 per share.
2016
- Ador Welding secures order from GCC country.
2022
- Ador Welding has received a Letter of Award from ONGC.
2023
- NCLT Approved Amalgamation of Ador Welding Academy Private Limited with Ador Welding Limited.
2024
- Ador Welding Leads the Way as the First Indian Supplier to meet NPCIL's Standards.
- Ador Welding Limited and Ador Fontech announce merger completion.
2025
- Ador Unveils Rhino E & Rhino S at Schweissen & Schneiden 2025.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800