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ISIN No
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INE014B01011
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BSE Code / NSE Code
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506680 / TECILCHEM
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Book Value (Rs.)
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-9.76
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Face Value
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10.00
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Bookclosure
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26/09/2024
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52Week High
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42
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EPS
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0.00
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P/E
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0.00
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Market Cap.
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22.91 Cr.
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52Week Low
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11
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P/BV / Div Yield (%)
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-1.24 / 0.00
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Market Lot
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1.00
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Security Type
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Other
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The company history sections lists out major chronological events that happened to the company.
| BRIEF HISTORY AND PRESENT BUSINESS
The Company was incorporated in the year 1945 by Shri V P Varde and Shri. M S Bhandarkar, with the object of manufacturing Graphite products and Calcium Carbide in the erstwhile State of Travancore, now merged into Kerala. The management of the Company was takenover by Shri G D Somani and family in the year 1964.
One of the Calcium Carbide plants of the Company was originally imported from M/s Chemianlagan, East Germany and was commissioned in 1965.
The Company has since expanded manifold and its present licensed/ installed capacity for manufacture of Calcium Carbide is 15,000 TPA and for manufacture of Ferro-Silicon and vice versa can be achieved by the Company any time depending on the market requirements. The earlier two plants run on Calcium Carbide were converted into Ferro-Silicon in the years 1991 and 1993.
Today the Company has three furnaces, capable of manufacturing 15,000 TPA of Calcium Carbide each or which can be converted to manufacture 7,500 TPA of Ferro Silicon each. The Company has a licensed capacity of 40,000 TPA of Calcium Carbide.
The Company then implemented the projects of diversification and in the year 1978 the Company set up plants for manufacture of Acetylene Black (capacity 1000 TPA) used for manufacture of Dry Cell Bafleries. This capacity was subsequently increased to 2000 TPA in 1982. The Company's unit is the largest in the country manufacturing Acetylene Black.
In the year 1989 the Company further diversified and installed a plant for manufacture of Desulphurisation Compound in technical collaboration with M/s SKW Trostberg, Germany with a licensed capacity of 10.000 TPA. This product is used for removing the sulphur impurities for steel. The Company diversified its two Calcium Carbide Plants for manufacture of Ferro-Silicon which is also used by the Steel Plants. The Company also installed the latest version of the Lime Kin for manufacture of lime with an installed capacity of 160 TPD.
The Company is the largest merchant manufacturer of Calcium Carbide and Acetylene Black and the only manufacturer of Desulphurisation Compound in the country. This is based on a review of the capacities sanctioned through industdal licences for the manufacture of these products by the Government of India and the number of Companies presently manutacturing and marketing these products and also from the demand-supply study of CARBIDE RESEARCH & EXPORT DEVELOPMENT ORGANISATION, New Delhi. Desulphurisation compound was hitherto imported from West Germany, Japan etc. by the Steel Plants of India. The Company has ts own engineering workshops for the fabrication of plants and equipments and most of the work in respect of expansion and setting up of the new plants was done by the Company in its own workshops.
2008
-Tecil Chemicals has designated E-mail ID for Investors Complaints: tecil@hathway.com
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