Tata Chemicals Ltd
NSE: TATACHEM BSE: 500770
₹631.20
(0.26%)
Sun, 18 Oct 2026, 00:13 am
Market Cap (in Cr)16035.63
PE Ratio0
Dividend1.75
Process Industries
Chemicals: Agricultural
24.5KCompany History
1939
- Incorporated on 23 January in Mumbai.
- 37,000 equity shares issued without payment in cash.
1978
- Completes Soda Ash capacity expansion to 500,000 tpa.
1982
- Subscribes Rs 30 crores in Tata Fertilisers Ltd for Babrala project.
- Allots equity shares to convertible bondholders.
1983
- Issues 13.5% secured rights convertible bonds Rs 30 crores.
- Forms subsidiary General Investment & Trading Company Private Ltd.
1984
- Rights issue of 15% NCDs Rs 35 crores, oversubscribed to Rs 52.5 crores.
1985
- Issues 15% NCDs Rs 10 crores to UTI.
- Allots 40,76,797 equity shares to bondholders at premium Rs 30.
- Allots 77,69,096 bonus shares in 2:5 proportion.
- Allots 18,69,739 equity shares effective January 1.
- Allots 40,76,797 equity shares on April 1.
1986
- Advances rehabilitation of power unit.
- Cancels preference shares, allots 15% bonds.
- Allots 4,014 equity shares.
- Renames subsidiary to Sabras Investment and Trading Co. Ltd.
1987
- Issues 13.5% convertible debentures Rs 72.50 crores.
- Allots 90,01,535 equity shares on conversion.
- Signs MoU for Tata-Indian Oil Refineries Ltd.
1988
- Steam power plant meets chemical complex needs despite outage.
- Upgrades Process Equipment unit.
- High Court approves amalgamation of Tata Fertilisers Ltd.
- R&D focuses on process improvement and environmental control.
1989
- Process Equipment division prepares for Babrala fertiliser plant.
- Issues 14% NCDs Rs 150 million to institutions.
- Proposes participation in Haldia Petrochemicals Complex.
- Allots 42,49,864 shares on merger of Tata Fertilisers Ltd.
1990
- Achieves self-sufficiency in Kurkutch salt.
- Commissions new BHEL low-pressure turbo-generator.
- Signs natural gas contract with GAIL for Babrala.
- Receives DGTD registration for 150,000 TPA detergent materials.
- Plans 250,000 TPA cement plant at Mithapur.
- Allots 245,84,279 bonus shares in 1:2 proportion.
1991
- Completes major replacement at CEHP boiler No.1.
- Proposes termination of MOU with IOC.
- Resolves hurdles for Babrala project.
1992
- Installs circo-fluid boiler and 16 MW turbo generator.
- Proposes new circulating fluidised bed boiler.
1993
- Advances Rs 320 crore Mithapur Vikas Plan; soda ash capacity to increase to 1 million tpa.
1994
- Commissions fertiliser project at Babrala in December.
- Enters sales agreement with Rallis India for urea distribution.
1995
- Commissions Circo Fluid boiler and 16.5 MW turbo generator.
- Commissions co-generation power plant in May.
- Increases soda ash capacity to 1 million tpa.
- Proposes doubling Babrala fertiliser capacity.
- Allots 67,771,703 bonus shares in 3:5 proportion.
1996
- Continues soda ash capacity increase to 1 million tpa; Dense ash plant expected by 1997.
1997
- Tata Salt achieves 32% market share in branded iodized salt.
- Sets up 40 Tata Kisan Kendras.
- Shelves urea plant expansion.
- Considers buy-out of Sanderson Industries' fertiliser plant.
1998
- Plans to double cement capacity to 800,000 tpa and soda ash to 850,000 tpa.
- Diversifies into wind energy at Mithapur.
- Proposes amendments for share buyback, non-voting shares, dematerialisation, ESOP.
- 86,320 shares forfeited.
1999
- Launches Rakshak detergent powder.
2000
- Approves merger with Sabras Investments and Trading Co. Ltd.
- Appoints Prasad R. Menon as Managing Director.
- R K Kaul steps down as President effective October 15.
- Decides to exit detergents business.
2001
- In talks to sell cement unit at Mithapur to Gujarat Ambuja Cement.
- Major fire at Mithapur plant; production resumes March 24.
2002
- Sunil Wadhwa re-designated as CFO and Company Secretary.
- P K Ghose appointed CFO from November 1.
- Arvind N Lalbhai resigns from Directorship.
2003
- Clears 2.5:1 exchange ratio with HLL for amalgamation.
- Wins Rs 400 crore tax dispute.
- ICRA assigns LAA+ rating to Rs 1250 million NCD Programme.
- Avails $20 million ECB.
2004
- Picks up gas from Petronet LNG.
- Appoints Homi Khusrokhan as Executive Director.
- Merger of Hind Lever Chemicals Ltd effective June 1.
2005
- Launches Tata Kisan Sansar in West Bengal and Jharkhand.
- Launches US $150 million Convertible Bond Issue.
- Acquires equal partnership in Indo Maroc Phosphore SA (IMACID).
- Mithapur unit wins IMC Ramakrishna Bajaj National Quality Award 2004.
2006
- Wins ICMA excellence award.
- Appoints Homi Khusrokhan as Managing Director.
- Appoints Prasad R. Menon as Additional Director.
- Completes acquisition of Brunner Mond Group.
2007
- Forms 50/50 JV Khet Se Agriproduce with Total Produce Plc.
- Wins Deal of the Year for BMGL acquisition.
- Tata Salt wins Popular Consumer Award and Master Brand.
2008
- Appoints Dr. M S Ananth as Additional Director.
- Appoints Arun Maira as Additional Director.
- Acquires General Chemical Industrial Products (GCIP), becomes world’s second largest soda ash manufacturer.
- Opens Call Centre in UP.
2009
- UREA division achieves RC 14001-2005 Certification.
- Certified under SA 8000:2001 for Mithapur, Babrala, Haldia sites.
- Awarded Business Superbrands Status.
- Wins Asset Triple A Best Deal India Award.
2010
- Appoints Dr. Y. S. P. Thorat as Additional Director.
2011
- Acquires 100% stake in British Salt Limited, UK.
- Invests in Greenfield Ammonia-Urea Fertilizer Complex in Gabon.
- Signs technical services agreement with Notore Chemicals Industries, Nigeria.
- Acquires stake in EPM Mining Ventures.
- Signs Pre Construction Services Agreement with Technip for Gabon project.
2012
- Appoints Cyrus P. Mistry as Deputy Chairman.
- Wins Employer Branding Award for Best HR Strategy.
2013
- Winners of Best Chemistry Teachers Awards.
- Bags three awards at FAI Golden Jubilee Awards.
- Signs MoU with Institute of Chemical Technology for Rs 3.5 crore endowment chair.
2014
- Inaugurates Innovation Centre in Pune.
- Amalgamation of Homefield International Pvt. Ltd.
2015
- Babrala plant bags NSCI Suraksha Puraskar.
2016
- Inks MOU with Sanjana Cryogenics Storage.
2017
- Tata Sampann Low Oil absorb besan wins Tata Innovista 2017 award.
- Launches fortified salt products.
- Tata Nx Zero Sugar wins Ayush Kamal Tarna award.
- Dharti Ko Arpan CSR wins Best Practices Award.
2018
- Signs Business Transfer Agreement with Allied Silica Limited.
- Wins at Asia’s Most Trusted Companies Awards 2018.
- Tata Chemicals Magadi wins Digital Inclusion Awards.
- Launches Ncourage Social Enterprise Foundation.
- Launches Centre of Excellence for Marine Biodiversity.
2019
- Acquires remaining 25% in Tata Chemicals (Soda Ash) Partners Holdings.
- Wins Compliance Team award.
- Ranked top 25 India’s Most Innovative Companies 2019.
- Launches li-ion battery recycling operations.
2020
- Recognised amongst India’s top 25 Most Innovative Companies by CII for second time.
- Bags 3rd position and two Gold awards at CII Six Sigma National Competition 2020.
- Bags 3rd spot in Responsible Business Ranking 2020.
2021
- Wins India’s top 25 Most Innovative Companies by CII for third consecutive year.
- Wins at FICCI India @75 Chemical and Petrochemical Industry Awards 2021.
- Bags three Platinum awards at CII Six Sigma National Competition 2021.
- Inaugurates Oxygen Plant at Mithapur Hospital.
2022
- Inaugurates oxygen plant in Jam Rawal Health Centre, Devbhumi Dwarka, Gujarat.
- TCSRD partners with NABARD for climate change awareness.
- Wins Silver and Plaque at ICAI Sustainability Reporting Awards 2021-22.
- Aniali Limestone Mine awarded Five-Star Rating by GOI for 4th year.
- Wins at International Quality Innovation Awards.
2023
- Recognised as Grand Winner of Most Innovative Company at CII Industrial Innovation Awards 2023.
2024
- Recognised as Grand Winner of Most Innovative Company at CII Industrial Innovation Awards 2023.
- Recognized among CII Top 20 Innovative Companies 2024.
- Inaugurates first Livelihood and Skill Training Centre in Mulshi.
