DE Nora India Ltd Stock Price History & Milestones

1989

The Company was Incorporated on 7th June.
The Company obtained the Certificate for Commencement of Business on 16th November.
The Company was promoted by Kmaljit Singh Chairman, Alfa Laval India Ltd., and Krishan Mohan Khanna, Vice-Chairman, Hoganas Ltd.
The Company entered into an agreement with Wimco Ltd., on 30th November, to take over the existing assets and liabilities of its metal anodes division at Rampur.
The Company entered into a technical collaboration agreement on 20th September, with Oronzio De Nora, Netherland.

1990

7 signatories to the Memorandum of Association.
29,99,993 No. of equity shares then issued at par.
12,00,000 shares were reserved and allotted to foreign collaboration M/s. Oronzio De Nora International BV, Netherlands.
11,99,993 shares were reserved and allotted to Indian promoters, resident directors etc.
6,00,000 shares were offered for public subscription during December.

1991

Profits declined due to increased cost resulting from devaluation of Rupee and deferment of projects by user industry due to political uncertainty and monetary constraints.
The Company embarked upon setting up of another plant in Goa.

1992

The Company entered into a technical collaboration with Oronzio De Nora S.A., Switzerland for the manufacture of titanium anodes for cathodic protection (anti corrosion) system.
15,00,000 rights equity shares issued (prop. 1:2; pref. Rs.30).

1994

Turnover declined due to reduced level of activity related to new anode supply to membrane projects.
Liberalisation measures introduced by the Govt. has provided an option to Indian customers to directly import plants including second hand plants.

2003

Board have approved to delist the equity shares of the company from the Mangalore, Delhi & Mumbai Stock Exchanges.

2004

Titanor Components Ltd. has informed that the securities of the Company have been delisted from The Delhi Stock Exchange Association Limited wef December 10, 2003.
Titanor Components Ltd has informed that the equity shares of the company have been delisted from Mangalore Stock Exchange wef March 13, 2004.

2007

2009

De Nora India Limited has informed that Mr. Dharmesh M. Kuvalekar, Company Secretary has been appointed as Compliance Officer of the company with effect from February 23, 2009.

2010

The Company has appointed Mr. Deepak B. Nagvekar, General Manager- Finance & Accounts as the Compliance Officer.
Ms. Milita Rodrigues has been appointed as the Company Secretary and Compliance Officer of the Company.

2011

The Company has received an order (approx) Rs.20.00 Crores to be executed over a period of 17 months for 5 TPD Sodium Chlorate Project.
The Company has received a L.O.I. (approx) Rs. 16.00 Crores to be executed over a period of 15 months for manufacture of Chlorate Cells.

2012

The Company at its meeting held on February 15, 2012, has decided to recommend a dividend of Rs. 6.00 per equity share for the year ended.

2013

Mr. Vinay Chopra, Additional Director is appointed as the Manager of the Company.
The Board of Directors of the Company has decided to recommend a dividend of Rs. 7.00 per equity share for the year.
Ms. Jyoti Bandodkar has been appointed as the Company Secretary and the Compliance Officer of the Company.

2014

De Nora Inaugurated SmartMatLab, the laboratory for intelligent materials.
De Nora solution for copper electrowinning presented at international conference.

2015

2016

DE Nora India Ltd