Tamil Nadu Petro Products Ltd
NSE: TNPETRO BSE: 500777
₹93.96
(-1.28%)
Thu, 05 Mar 2026, 04:44 am
Market Cap8.44B
PE Ratio7.27
Dividend1.28
Process Industries
Chemicals: Specialty
24.5KCompany History
1984
- The company was incorporated on 22nd June 1984.
- TIDCO inducted SPIC as the joint sector associate in setting up a project for the manufacture of LAB.
- The company manufactured linear alkyl benzene and heavy normal paraffin.
1986
- The Government of India re-endorsed the industrial licence increasing the plant capacity of LAB to 60,000 TPA.
- The company obtained necessary clearances for import of capital goods.
- 10 shares were subscribed by the signatories to the Memorandum of Association.
- Shares were issued at par.
- Shares were reserved for preferential allotment.
- The balance shares were offered for public subscription.
- Additional shares were allotted to retain oversubscription.
1987
- The Ministry of Petrochemicals approved the supply of kero-feed stock.
- The company commissioned two D.G sets.
- Efforts were made to increase the capacity of linear alkyl benzene (LAB) to 75,000 TPA.
- Contracts were entered into with UOP for supply of catalysts and sorbents.
- A MOU was signed with UOP for improving the quality of LAB.
- Specifications and drawings were received from UOP for the HNP project.
- The company undertook research and development activities.
- A pilot plant was set up at Trichy.
- Laboratories with testing facilities were established at Ahmedabad and Trichy.
1989
- The company entered into a joint venture agreement with M/s Henkal W Germany.
- A company under the name of SPIC Fine Chemicals Ltd was incorporated.
- The company proposed to undertake debottlenecking for increasing the production of LAB.
- The company proposed to obtain endorsement for plant capacity from 60,000 TPA to 80,000 TPA.
- The company proposed to incorporate the Advanced process control system.
1991
- The company decided to participate in the revival-cum-rehabilitation scheme of Standard Motor Products of India Ltd.
1992
- A Letter of Intent was received for the manufacture of caustic soda.
- Registration was completed for a project for the manufacture of epichlorohydrin.
- Detailed proposals were submitted to IDBI for financial assistance.
- A MOU was signed with Total Lubricants International, France.
1993
- The company received the Export Award for 1990 from the Government of Tamil Nadu.
- Additional facilities for storage, loading and despatch of LAB were commissioned.
- The Advanced Process Control System was to be commissioned.
- Applications were made for pollution clearance and appraisal of the caustic soda project.
- The project for manufacture of Epichlorhydrin was implemented at Manali, Chennai.
- Arrangements were made for training plant personnel.
- The company issued rights equity shares.
1994
- The Epichlorophydrin plant was commissioned.
- A 3 MW capacity windfarm project was commissioned in Palladam Taluk.
- The company proposed to implement a 5 MGD Tertiary Treatment Plant/Reverse Osmosis Plant.
1995
- The company commissioned the second phase of the 9MW capacity windfarm.
- The company was selected to implement the 500 MW thermal power project at Tuticorin.
- A MOU was entered into with Tamil Nadu Electricity Board.
- A storage facility with a capacity of 500 tonnes was commissioned at Cuddalore port.
- A letter of intent was received for setting up a 6 MTPA Refinery at Minpur, Chennai.
1996
- A MOU was entered into with Indian Oil Corporation Ltd for marketing of petroleum products.
- A MOU was signed to set up a joint venture company adjacent to the ECH plant.
- The company proposed to expand the LAB plant's capacity.
- A separate joint venture company was formed with Ciba-Geigy Ltd.
2000
- Tamil Nadu Petroproducts Ltd promoted by SPIC Ltd and TIDCO planned to set up plants in Saudi Arabia and Vietnam.
2002
- Dr. K Satyagopal's nomination as Director representing TIDCO was withdrawn.
- Thiru V K Jeyakodi was co-opted as Director.
- The company shifted its Registered office to Manali Express Highway.
- The Board approved the proposal to issue secured redeemable Non-convertible debentures.
2003
- The company approved delisting of equity shares from Delhi and Ahmedabad Stock Exchanges.
- Thiru Arun Ramanathan, IAS was appointed as Chairman representing TIDCO.
- Thiru K Skandan, IAS withdrew his nomination as Director and Chairman.
- Thiru M. Sundaram resigned as Director and Chief Operating Officer.
2004
- D Arunachalam resigned as Managing Director and CEO.
- MR R.M. Muthukaruppan was appointed as Managing Director and Chief Operating Officer.
- Thiru V Ramani was appointed as Director and Chief Financial Officer.
- Thiru N R Krishnan was co-opted as Director.
- Dhananjay Narendra Mungale was co-opted as Director.
- Thiru Ashok Kumar Gupta was co-opted as Director representing TIDCO.
- TPL formed an alliance with Al Zamil for the Saudi LAB project.
2007
- Thiru Sunil Paliwal, IAS withdrew his nomination as Director representing TIDCO.
2008
- Thiru M F Farooqui, IAS was appointed as Director representing TIDCO and Chairman.
2011
- The company approved the sale of 17,351,686 equity shares of Henkel India Ltd to Jyothy Laboratories Ltd.
2012
- The company recommended payment of 5% dividend on the Paid up Equity Share Capital.
2013
- Thiru Muthukrishnan Ravi was appointed as Managing Director.
- Mr. R. Kothandaraman was appointed as Company Secretary and Compliance Officer of the company.
2014
- Mr. M. Pazhaniandy Pillai was appointed as an Additional Director/Whole-time Director of the company.
2019
- The company commenced commercial production of Propylene Oxide.
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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