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Lords Chloro Alkali Ltd.

BSE: 500284 Sector: Industrials
NSE: MODIALKALI ISIN Code: INE846D01012
BSE LIVE 12:55 | 23 Aug 29.45 0.25
(0.86%)
OPEN

29.35

HIGH

29.45

LOW

29.35

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 29.35
PREVIOUS CLOSE 29.20
VOLUME 48
52-Week high 52.00
52-Week low 27.70
P/E 23.75
Mkt Cap.(Rs cr) 74
Buy Price 29.45
Buy Qty 16.00
Sell Price 0.00
Sell Qty 0.00
OPEN 29.35
CLOSE 29.20
VOLUME 48
52-Week high 52.00
52-Week low 27.70
P/E 23.75
Mkt Cap.(Rs cr) 74
Buy Price 29.45
Buy Qty 16.00
Sell Price 0.00
Sell Qty 0.00

Lords Chloro Alkali Ltd. (MODIALKALI) - Company History

Incorporated in Mar.'79, Modi Alkali & Chemicals (MACL) obtained its certificate for business commencement in Mar.'81. After the split among the promoter companies, at present, it is controlled by MPL, MIL and the K N Modi group. The promoters have interests in Modipon, MIL, MCL and Modi Cement. MACL came out with a rights issue of 44.78 lac equity shares at a premium of Rs 20, aggregating 13.43 cr. The object of the issue was to augment long-term working capital needs, expand its caustic soda plant and install an aluminium chloride plant. The products of the company include caustic soda, liquid chlorine, hydrochloric acid, bleach liquor, bleaching powder, TCE and sodium hypo. The company sells its products to bulk consumers. The company has a technical collaboration with Asahi Chemicals Japan, for know-how of the membrane cell technology to manufacture caustic soda. The company exports to Nepal, Bangladesh, South Africa, UK, Australia, etc. Company has modernised the existing Mercury Cell Plant of 200 TPD into Membrane Cell Plant. The company is producing another DG set which is expected to be commenced very soon which will take the production upto 70 MT.