National Oxygen Limited (NOL) incorporated in December, 1974 was promoted by G N Saraf. The Company is engaged in manufacturing of Industrial Gases. From 1975-80, the company was mainly trading in industrial/medical gases.In 1980, NOL installed and commissioned its first oxygen plant with a capacity of 63 cu mtr ph, at Mathur in the Pudukottai district of Tamilnadu. In 1981, it installed a dissolved acetylene plant at the same premises at a cost of Rs 20.45 lac with term loan assistance from SIPCOT. Again in the next year, it commissioned its second oxygen plant at the same premises at a cost of Rs 53.75 lac, with term loan assistance from SIPCOT.An additional plant for compressing waste nitrogen into commercial grade nitrogen, was installed in 1985. During the same year, it went public to part finance its expansion to set up a 165-cu mtr ph capacity plant at Pondicherry. The expansion project commenced production from Sep.87.In Jul.94, the company came out with a rights issue to set up a liquid oxygen / liquid nitrogen / liquid argon tonnage plant with a capacity of 75 tpd.In 1995-96, its expansion project was completed.
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www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.