Login To Trade  |  About IIFL
  • NIFTY  7942.7  58.9 0.75%
  • SENSEX 26128.2  169.57 0.65%
DE Nora India Ltd

BSE: 590031 | NSE: DENORA ISIN: INE244A01016
Market Cap: [Rs.Cr.] 138.38 Face Value: [Rs.] 10
Industry: Engineering

Watchlist +
Company Profile

Titanor Components (TCL) was incorporated in Jun.'89 and commenced business in Nov.'89. It was promoted by Kamljit Singh and Krishan Mohan Khanna and is currently managed by chairman Franco Ladavas. It has a technical-cum-financial collaboration with Oronzio De Nora group, Italy (40% stake). The company came out with a rights issue in Aug.'92 aggregating Rs 6.5 cr to finance a new plant at Goa and working capital requirements. It manufactures coated metal electrodes, water electrolysers, electro-chlorinators, cathodic protection systems catering to the chlor-alkali industry. The company had acquired the metal anode division of Wimco in Nov.'89. In 1995-96, the company shut down one of its plant at Rampur (UP) as part of its cost reduction exercise. During 1996-97, the company's electrochlorinator product seaclor mac has received acclaim from concerned authorities in the state of Gujarat, Maharashtra, Tamilnadu, Goa and Pondicherry. The company has been entrusted with additional responsibility of handling cathodic protection business in Far-East and Australia by the De Nora Group. The company is also in the process of preparing documentation for ISO 9002 certification. The company's new marketing strategies for the new products has given positive results during the year 1999-2000 , but its full impact will be felt in the forthcoming years. The recessionary trend in the economy and particularly in the chlor alkali industry continued during the year 2000-01. However, currently the chlor alkali industry is showing signs of improvement and the company is expected to perform better in the next financial year. The company has technical collaboration with M/s Oronzio De Nora International B.V., The Netherlands for Ion Exchange Membrane Electrolysers for Chlor-Alkali industry, Water Eletrolysers and Electrochlorinators for Water treatment and with M/s Oronzio De Nora S.A., Switzerland for Cathodic Protection(Anti corrosion) Systems. The company has successfully adopted the technology of Seaclor-Mac, through a continuous interaction with foreign collaborator. The company now has five standard models namely Seaclor Mac-50, Seaclor Mac-100, Seaclor Mac-500, Seaclor Mac-1000 & Seaclor Mac-2000. The company has also adopted the technology for the manufacture of Lida Anodes in different configurations for Cathodic Protection System.

India Infoline Research
No Related Research Found
Related News
No Related Research Found
Futures & Options Quote
Future Data Not present
Key Information

Key Executives:

M A Sundaram , Chairman

Krishan Khanna , Director

Vinay Chopra , Executive Director

Jyoti Bandodkar , Company Secretary

Company Head Office / Quarters:

Plot Nos 184 185 & 189,
Kundaim Industrial Estate,
Phone : Goa-91-832-3981100 / Goa-
Fax : Goa-91-832-3981101 / Goa-
E-mail :
Web : http://www.denoraindia.com


Sharepro Services India P Ltd
Samhita Complex,Plot No 13 AB,Saki Naka Andheri(E),Mumbai-400072

Fund Holding
Scheme Name No. of Shares
Mon Tue Wed Thu Fri Sat Sun
22 23 24 25 26 27 28