NOCIL Ltd
NSE: NOCIL BSE: 500730
₹144.51
(-2.90%)
Mon, 09 Mar 2026, 10:57 am
Market Cap24.16B
PE Ratio40.62
Dividend1.38
Process Industries
Chemicals: Specialty
24.5KCompany History
1961
- The Company was incorporated on 11th May at Mumbai.
- The Company started manufacturing various organic and inorganic chemicals.
1964
- The Company entered into technical collaboration agreements with Royal Dutch/Shell Group and Universal Oil Products Co.
- Engineering agreements were signed with Bataafse Internatioinale Chemie Matschappij N V and Stone and Webster Engineering Corporation.
1965
- 4,00,000 shares were subscribed for by foreign collaborators.
- 3,39,899 shares were subscribed for by Mafatlal Group and associates.
- 4,60,000 shares were offered at par to the public.
1967
- Shares were fully called-up.
- 381 shares were forfeited.
1969
- 381 forfeited shares were reissued.
1975
- 6,00,000 Bonus shares were issued in prop. 1:2.
1979
- The Company set up a project for the manufacture of technical organo-phosphates.
1980
- 6,00,000 Bonus shares were issued in prop. 1:3.
1984
- The Company received a Letter of Intent for the manufacture of phosphamidon and DDVP.
- The Company submitted an application for the manufacture of sulphonates and sulphates.
1985
- The Company obtained sanction to manufacture hydroxyl terminated polybutadiene in collaboration with Indian Space Research Organisation.
1986
- 12,00,000 Bonus equity shares were issued in prop. 1:2.
1987
- Ensen Holdings Private Limited became a subsidiary of the Company.
1988
- The Company's programme for modernisation and substantial expansion of its ethylene capacity received locational and environmental clearance.
1991
- Operations at Thane were affected for three weeks in June due to unprecedented heavy rainfall.
- The Company received approval for foreign collaboration agreements.
- The Company received necessary approvals for production of hybrid seeds.
1992
- The Royal Dutch/Shell group decided to withdraw as a shareholder from NOCIL.
- The shutdown of the Thane complex and interruption in power supply affected the operations of petrochemicals unit.
- The R&D Unit undertook development of PVC and thermo plastic rubber compounds.
1993
- The Ethylene pipeline from IPCL's plant at Nagothane to petrochemicals plant at Thane was commissioned.
- The Company entered into a joint venture agreement with Dowelanco Agricultural Products Ltd.
- A Research group was set up to synthesis novel molecules.
- The Company commercialised the process know-how obtained from Regional Research Laboratories.
- Polyolefins Industries Ltd was amalgamated with the Company.
- Urvija Investments Ltd became a subsidiary of the company.
1994
- New speciality grades of HDPE were successfully introduced in the local market.
- The Company proposed to modernise the Naphtha cracker plant to increase the Ethylene capacity.
1995
- 6,13,02,850 bonus equity shares were issued in prop. 1:1.
1996
- Drip irrigation systems for high value horticulture products were successfully introduced.
1997
- The Company commissioned a new blow moulding plant for the manufacture of L-ring drums and large capacity containers.
- Indian Petrochemicals Corporation Ltd and Infosys Technologies Ltd signed agreements with National Securities Depository Ltd for dematerialisation.
- Dow Chemicals emerged as the front-runner to acquire a majority stake in the petrochemical joint venture with National Organic Chemicals company.
1998
- The company received certification for the quality management system for all its divisions.
- A memorandum of understanding was signed between Mafatlal Industries, Shell, Montell and Nocil for the setting up of a new project.
1999
- The Arvind Mafatalal-group controlled Nocil launched an attractive voluntary-retirement scheme at its petrochemicals and polymer division.
- National Organic Chemical Industries Ltd shut down its poly vinyl chloride plant at Thane.
- National Organic Chemicals Ltd informed the Bombay Stock Exchange that its petrochemicals plant was shut down.
2002
- Nocil has been shut down due to financial problems.
- The Commissioner of Labour granted permission to the Company to close down the Petrochemicals Division under Section 25-O of the Industrial Disputes Act, 1947.
2004
- NOCIL Board approves Financial Restructuring Proposal.
- NOCIL signs a MoU with Reliance Industries Ltd to sell its petrochemical and plastics products division.
2006
- National Organic Chemical Industries Ltd has appointed Mr. C L Jain as an Additional Director of the Company.
2007
- National Organic Chemical Industries Ltd has appointed Mr. Dhanajay Mungale as an Additional Director on the Board of Directors.
- Company name has been changed from National Organic Chemical Industries Ltd to NOCIL Ltd.
2008
- Nocil Limited has appointed Mr. V. K. Gupte as a Company Secretary.
2009
- NOCIL Ltd has recommended dividend at Re 0.60 per Equity Share of Rs 10/- each.
2010
- NOCIL Ltd has recommended dividend at Re 0.60 per Equity Share of Rs 10/- each.
- Mr. Pradeep Vasudeo Bhide has been appointed as Additional Director of the company.
2011
- NOCIL assigned the Registered Trademark MONOCIL.
2012
- NOCIL Ltd has recommended a dividend at Re. 0.60 per Equity Share of Rs. 10/- each.
2013
- NOCIL commenced production at its new Greenfield Plant at Dahej.
2014
- NOCIL Ltd has recommended a dividend at Re. 0.60 per Equity Share of Rs. 10/- each.
2017
- NOCIL gains on getting nod for expansion of capacities at Navi Mumbai, Dahej.
2018
- The Company has received award from Indian Chemical Council for development of Indigenous Technology.
2019
- Commencement of Trial Production of Phase II of Expansion at Dahej.
- The Company has been conferred the ICC Award for Excellence in Management of Environment for the year 2018 for its plant at Dahej, Gujarat.
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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