National Aluminium Company Ltd
NSE: NATIONALUM BSE: 532234
₹316.80
-6.35 (1.97%)
Fri, 23 Oct 2026, 11:49 pm
Market Cap (in Cr)58974.25
PE Ratio8.62
Dividend3.58
Non-Energy Minerals
Aluminum
24.5KNational Aluminium Company Ltd Company History
1980
- Memorandum of Understanding signed in January with Government of India and Aluminium Pechiney of France for alumina-aluminium complex.
- Undertook 6th captive power plant of 120 MW.
1981
- Incorporated on January 7 as wholly owned Government of India enterprise.
1993
- Signed project cooperation agreement with Hydro Aluminium AG for 0.9 million tpa export-oriented plant study.
- Allotted 128,861,920 shares.
1994
- Proposed bauxite mine expansion to 4.8 million tpa and alumina refinery to 13.5 lakh tpa.
- Proposed smelter expansion from 2.3 lakh tpa and power from 720 MW to 960 MW; debottlenecking under implementation.
- Setting up 950 kg annual gallium metal extraction facility at Damanjodi.
1995
- Undert took 26,000 TPY strip casting facility at Angul smelter.
- Undert took 20,000 TPY special alumina plant at Damanjodi.
- Undert took 10,000 TPY Zeolite-A plant at Damanjodi.
- Undert took 1,000 kg per annum 5N purity gallium plant at Damanjodi.
- Planned 100% EOU for aluminium rolled products with IAPL.
- Disinvested 35,000,900 equity shares as of March 31.
1996
- Government approved expansion of bauxite mine to 48 lakh tonnes and alumina refinery to 15.75 lakh tonnes on December 18.
- PIB cleared smelter expansion to 3.45 lakh tonnes and power to 840 MW; CCEA approval awaited.
- Closed Jagadhri stockyard; opened Bhiwandi stockyard; set up market development cell.
- Explored diversification into special alumina, zeolite, aluminium cast wheels.
1997
- Proposed conversion of 50% equity capital to debt.
- Opened stockyard at Bhiwandi.
- Received ISO 14001 certification for environmental excellence.
- Signed agreement with NRDC for gallium manufacturing knowhow.
- Entered agreement with NSDL for share dematerialisation.
- Cabinet set to clear JV with Mukand Ltd.
1998
- Power generation curtailed due to Gridco intake reduction.
- NALCO won Capexil top export award for 1997-98, 11th consecutive time.
1999
- Icra assigned LAAA rating to Rs 644 crore NCD issue.
- NALCO setting up gallium extraction plant at Damanjodi.
- NALCO to take over IAPL by buying out other stakes.
- New records in bauxite mining, alumina production, and exports; metal production down due to pot failures at Angul.
2000
- Icra retained Laaa rating for Rs 642.58 crore NCD issue.
- NALCO to commission IAPL plant by March 2001 for value-added products.
- Officers went on indefinite hunger strike from November 17.
- Crisil reaffirmed AAA rating for Rs 644 crore NCD programme.
2001
- Zeolite plant scheduled to start operations for detergent business.
2002
- S Behuria appointed part-time official Director.
- Alumina refinery capacity increased to 15.75 lakh tonnes.
- DCA approved merger of IAPL with NALCO.
- C V Venkataramana appointed Chairman-cum-Managing Director.
- Cabinet panel approved NALCO disinvestment roadmap.
- Hindalco acquired 4% stake in NALCO.
- Government postponed NALCO divestment.
- LN Mittal group quit NALCO disinvestment race.
- Yankuang withdrew from NALCO disinvestment.
- Government called off NALCO due diligence process.
- Government restarted NALCO due diligence process.
2003
- Commissioned 120 MW Captive Power Plant unit and 120 pots smelter for 57,500 MT aluminium.
- Members approved delisting from Bhubaneswar, Delhi, Calcutta, and Madras exchanges.
- NALCO won Niryat Shree award for 2000-01 and 2001-02.
- Vyas Ji appointed Director.
2004
- Madras Stock Exchange delisted NALCO securities effective December 22, 2003.
- NALCO open offer to acquire 20% stake in Ondeo Nalco India.
- Trading in 14.5% NCD Series-N2 suspended February 13 for part redemption.
- NALCO received PIB nod for phase II expansion.
- Delhi Stock Exchange delisted NALCO securities effective February 11.
- Pyarimohan Mohapatra resigned from Board June 9.
- G Upadhyaya took charge as CMD.
2005
- NALCO inked agreement with NMDC.
- NALCO received five-star export house status.
- NALCO won Capexil award.
- NALCO and Jindal cleared for aluminium plants in Vizag.
- NALCO to build coal block in Orissa.
2006
- NALCO won EEPC award.
2007
- Joy Varghese appointed Director (Personnel & Administration) effective October 1.
- A Sahay, S S Sohoni, and K S Raju appointed Part-time Non-official Directors.
2008
- S Vijay Kumar appointed Part-time Official Director effective January 23.
- Panchpatmali Bauxite Mines won Pollution Control Excellent Award 2008.
2009
- A K Sharma appointed Director (Production) effective May 1.
- C R Pradhan appointed Chairman-cum-Managing Director effective August 3.
- P K Padhi appointed Director (P&T) effective September 3.
- Ansuman Das appointed Director (Commercial) effective October 28.
- Alumina Refinery won Pollution Control Excellence Award 2009.
- Alumina Refinery won 2nd Best Practice in Environment Management by CII.
2010
- NALCO approved for new bauxite mining lease in eastern India.
- NALCO won EEPC Gold Trophy for 2007-08 exports.
- NALCO received Best Listed Central Public Sector Enterprises Award.
2011
- NALCO invested Rs 274 crore in wind power project at Gandikota, Andhra Pradesh.
- NALCO to acquire 49% stake in Kakrapar nuclear power plant phase II for Rs 1700 crore.
- Company split share face value from Rs 10 to Rs 5.
- Company issued 1:1 bonus shares.
2012
- Ansuman Das appointed Chairman-cum-Managing Director effective August 29.
2013
- Board recommended final dividend of 10%.
2014
- NALCO unit won National Energy Conservation Award.
2015
- NALCO awarded for proactive climate change action.
- NALCO instituted awards for Eminent Sanskrit Scholars.
- NALCO instituted NALCO Smiles Award.
- NALCO won Odisha Inc Best Brand Award.
- NALCO Refinery won Business Excellence Star Award.
- NALCO won Performance Excellence Award.
- NALCO instituted Green Awards for Engineering Excellence.
2016
- NALCO signed MoU with IMIDRO for aluminium smelter in Iran.
- NALCO signed MoU with NTPC for power projects and business collaborations.
2017
- NALCO signed MoU with Government of India for higher production targets.
- NALCO won Appreciation Award in large mines category.
- NALCO launched drinking water kiosks at Puri under Swachh Iconic Shrine Project.
- NALCO won Kalinga CSR Award 2017.
- NALCO won CII-EXIM Bank Business Excellence Award.
- NALCO launched Strontium Modified Aluminium Billets.
- NALCO Mines division won awards at Mines Safety Week.
2019
- NALCO won Dun & Bradstreet Award for export performance.
- NALCO launched Aluminium Alloy AA 1200.
- NALCO won Swachh Bharat Award.
- NALCO, HCL, and MECL formed JV for critical minerals acquisition.
2020
- NALCO received mining lease for Utkal-D Coal Block.
- NALCO won ICC PSE Excellence Award in CSR category.
2021
- NALCO won IIM Non-Ferrous Best Performance Award 2020-21.
- Panchpatmali Bauxite Mine awarded Pollution Control Excellence Award 2021.
2022
- NALCO and BARC released India's first Bauxite CRM.
- NALCO won Golden Peacock National Award for Sustainability.
2023
- NALCO started commercial sale of mechanized sow ingots in domestic market.
