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DMCC Speciality Chemicals Ltd logo

DMCC Speciality Chemicals Ltd

NSE: DMCC BSE: 506405

₹220.33

(-5.62%)

Sun, 15 Mar 2026, 09:16 am

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Company History

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.

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