DE Nora India Ltd
NSE: DENORA BSE: 590031
₹703.55
(4.68%)
Wed, 04 Mar 2026, 02:39 am
Market Cap3.7B
PE Ratio28.66
Dividend0.29
Company History
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
- Company name has been changed from Titanor Components Ltd to De Nora India Ltd.
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
- De Nora India receives best performance award
2016
- De Nora Wins Gold Medal at Macfrut Innovation Award 2016.
- De Nora signs agreement with Liquid Light.
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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