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Lords Chloro Alkali Ltd
NSE: LORDSCHLO BSE: 500284
₹142.37
(1.52%)
Tue, 28 Jul 2026, 03:02 am
Market Cap (in Cr)413.33
PE Ratio13.49
Dividend0
Process Industries
Chemicals: Specialty
24.5KCompany History
1979
- The Company was incorporated on 1st March at Alwar in Rajasthan.
- The Company was promoted by Modi Industrial House.
1982
- 47 shares were subscribed for by the signatories to the Memorandum of Association.
- 43,72,453 shares were reserved and allotted to promoters.
- 4,00,000 shares were reserved and allotted to RIICO.
- 17,50,000 shares were reserved for preferential allotment to NRIs with repatriation rights.
- 22,27,500 shares were offered at par for public subscription.
1983
- 19,19,686 Rights Equity shares were issued at par.
1984
- The Company undertook to set up a project for the conversion of graphite anodes to metal anodes.
1985
- The Company issued 1,25,000-15% non-convertible debentures of Rs. 100 each as rights for working capital purposes.
- 29,121 forfeited shares were reissued at par.
1986
- 10,00,000 No. of equity shares were issued at par as rights to equity shareholders and debenture holders.
1987
- The Company received a licence for enhancement of its caustic soda capacity to 41,250 tonnes per annum.
- Letters of intent were received for the manufacture of activated earth, aluminium chloride and sodium hypochlorites.
1988
- The Company was installing balancing equipment for optimising the operations.
- Government approval was received for manufacture of monochloro acetic acid, Tri/Penta Chloro phenol, bleaching earth, anhydrous aluminium chloride Trichloroethylene, 2, 4-D Herbicude and Chlorinated and Chlorosulphorated paraffins.
- 41 forfeited equity shares were reissued.
- 16,46,168 shares were issued at par to financial institutions in conversion of loans.
1989
- The Company offered 40,00,000 No. of equity shares of Rs 10 each at par on 'Rights' basis.
- 6,00,000 shares were allotted to retain oversubscription.
- 2,00,000 shares were issued at par to the employees under the Employees Stock Option Scheme.
1992
- The Company undertook to expand stable bleaching powder production capacity to 60 TPD.
- The Company proposed to install DG sets of 36.7 MW capacity.
- The Company undertook modernisation of mercury cell plant of 200 TPD into Membrane cell plant and Balancing of Membrane cell plant capacity from 60 TPD to 100 TPD.
- The Company offered 44,78,518 No. of equity shares of Rs 10 each at a premium of Rs 20 per share along with equal number of detachable warrants on Rights basis.
1993
- 44,68,271 No. of equity shares were allotted.
- 30,10,023 No. of equity shares were allotted at a premium of Rs 10 per share to those who exercised their rights to convert the warrants into shares.
1994
- The Company increased its capacity to 250 TPD from 190 TPD.
1996
- 89,86,789 shares were issued on Rights basis and on conversion of warrants.
- 2,68,800 shares were allotted to financial institutions on conversion of the warrants.
2004
- The shareholders approved delisting of its equity shares from Jaipur and Delhi Stock Exchanges.
2007
- The Company's name was changed to Lords Chloro Alkali Ltd.
2011
- Mr. Sandeep Singh was appointed as Company Secretary Cum Compliance Officer of the Company.
- Mr. Ajay Virmani was inducted as Executive Director & CEO of the Company.
2012
- Mr. Ajay Virmani was appointed as Managing Director of the Company.
2013
- Mr. Alok Dhir was appointed as an additional Director of the Company.
2016
- Lords Chloro Alkali increased its production capacity.
2022
- The Company is expanding its existing Caustic Soda production capacity from 210 Tonnes Per Day to 300 Tonnes Per Day at its plant in Alwar, Rajasthan.