DMCC Speciality Chemicals Ltd Stock Price History & Milestones

1919

The Company was incorporated at Mumbai.

1942

40,000 equity shares were subscribed.
12,617 shares were forfeited.

1943

The capital was reduced by cancelling the paid-up capital to the extent of Rs. 50 per share.

1960

18,225 Right shares were offered at par in the ratio 2:3.

1961

18,190 Bonus shares were issued in the ratio 4:10.

1963

The company formed a new company Borax Morarji Ltd. to manufacture Borax & Boric acid.
19,099 Right shares were issued at par in the ratio 3:10.

1964

27,588 Right shares were issued at par in the ratio 1:3.

1965

The company floated a new company Albright, Morarji & Pandit Ltd. for manufacture of phosphoric acid & industrial phosphatic.

1966

11,035 Bonus shares were issued in the ratio 1:10.

1968

24,277 Bonus shares were issued in the ratio 1:5.
58,266 Right shares were issued at par in the ratio 2:5.

1969

50,982 Bonus Equity shares were issued in the ratio 1:4.

1973

2,54,913 Bonus Equity shares were issued in the ratio 1:1.

1975

The Company shifted the plants manufacturing di-ethyl sulphate, para amino phenol, sulphuric acid plant and aluminium sulphate plant to Roha.
The Company promoted a project for the manufacture of granulated fertilisers with the Madhya Pradesh State Agro Industries Development Corporation Ltd.

1976

4,07,860 Bonus shares were issued in the ratio 4:5.

1979

The Company took on lease a factory at Baroda for the manufacture of resorcinol.
3,67,074 Bonus shares were issued in the ratio 2:5.
Benzene sulphonyl chloride and thiophenol plants were shifted and commissioned.

1980

The capacity of single superphosphate plant was expanded at Kumhari from 95,000 to 1,61,000 tpa.

1981

Facilities were set up to manufacture fluoride chemicals and silica compound.
The Turn-key projects & Consultancy services division was busy in executing various contracts.

1982

The Environmental Engineering division conducted studies on air pollution and liquid effluents.
The division started taking turn-key contracts for design and supply of effluent treatment plants.

1984

The Company offered 4,80,000-15% non-convertible debentures of Rs. 100 each as rights.
Despite severe drought, sales of single superhosphate were maintained.

1986

The single superphosphate plant was modernised and expanded from 2,00,000 tpa to 3,00,000 tpa.
Equity shares were sub-divided and authorised capital was increased.

1987

The severe competition led to a fall in prices and lower profits due to increase in depreciation and higher interest charges.

1988

The capacity of sulphuric acid plant increased from 66,000 tpa to 1,01,900 tpa.
The capacity of chloro-sulphonic acid plant increased from 3,600 tpa to 16,500 tpa.

1989

The Company was in a position to take up project for large size sulphuric acid plants in India and abroad.
The Company held 5,02,600 equity shares in Boraz Morarji Ltd.
Single superphosphate with micro nutrient of boron was notified as a fertiliser by the Government.

1990

The Company commissioned a sulphuric acid plant with a capacity of 33,000 tpa and a single superphosphate plant with a capacity of 66,000 tpa at Jhar.
The operations were adversely affected due to increase in cost of inputs and higher transport costs.
25,69,520 Bonus shares were issued in the ratio 2:5.

1992

The Company sold the Alpha Olefin sulphonate plant at Roha to Albright Morarji and Pandit, Ltd.
The Company commissioned a sulphuric acid plant with a capacity of 3,000 mtrs per annum at Roha.
The Company issued 16% secured redeemable partly convertible debentures.
The Company commissioned the bio-methanation plant based on Bacardi Technology for Kopergao Sahakari Sakhar Karkhana Ltd.
The Company signed an export contract for supply of equipments for a plant in Nigeria.
35,27,640 equity shares were allotted on part conversion of 16% debentures.

1993

The company expanded its chlorosulphoric acid plant.
The Company secured an assignment for preparation of a feasibility report for GSFC for a phosphoric acid plant in Uganda.

1994

The Company held 9,29,600 equity shares in Albright, Morarji & Pandid Ltd.
The Company held 1,16,994 equity shares in M.P. Agro-Morarji Fertilisers Ltd.
The Company subscribed for 66,000 equity shares of Premier Morarji Chemical Co. Ltd.

2002

Mr C B Nalawalla was appointed as an additional Director of the Company.

2006

Shri. V K Punshi was appointed as Managing Director of the Company.

2007

Shri. Dilip P Goculdas was appointed as Managing Director of the Agri Business of the Company.

2015

DMCC was bestowed with a Certificate of Merit for Water Resource Management in Chemical Industry by the Indian Chemical Council for the year 2014.

2017

The amalgamation of Borax Morarji Limited with The Dharamsi Morarji Chemical Company Limited was completed.

2022

The company name was changed to DMCC Speciality Chemicals Ltd. from Dharamsi Morarji Chemicals Company Ltd.

DMCC Speciality Chemicals Ltd

Company History