Ador Welding Ltd

Ador Welding Ltd

Ador Welding Ltd(AWL) formerly known as Advani Oerlikon Ltd was promoted on 22 Oct.'1951 by J B Advani & Co and the Oerlikon-Buhrle group (now unaxis) Switzerland. It is India's leader in the field of Welding Products Technologies & Services. The Company is also engaged in providing customized solutions for multi-disciplinary projects and contracts related to refineries oil and gaspetrochemicals fertilizers steel plants pharma water and other chemical process industries. The Project Engineering Division (PED) is also gaining strong repute in providing world class Environmental Engineering products & Welding Automation Systems. The Company changed to its present name in September 2003 from Advani Oerlikon Ltd.AWL has six manufacturing plants at Bhandup Chinchwad Raipur Chennai Pimpri and Silvassa offers a welding package which includes a wide variety (over 200 types) of electrodes fluxes flux-cored wires and special customised electrodes. The company has installed capacity of 107800 tpa for Arc Welding Electrodes & Continuous Welding Wires and Fluxes. It caters to the steel ship-building defence power automobile general fabrication and engineering industries. The company has Two Technology Development Centres (TDC) at Bhandup (Mumbai) and Chinchwad (Pune) in Maharashtra. These TDCs continue to pursue their goals with renewed vigour in terms of innovations improvements and cost reductions.The company came out with a rights issue in Jan.'1994 to part- finance the modernisation of its plants for consumables and equipment manufacture. The company has technical collaborations with two welding companies - Oerlikon Burhle Switzerland and La Soudure Autogene Francaise France. Certification from internationally accepted inspection agencies - Lloyds Register of Shipping Det Norske Veritas American Bureau of Shipping and Bureau Veritas -- makes Advani Oerlikon's products globally acceptable. It has also received the ISO-9002 certification for its 100% EOU.During 1998-99 Semiconductor Limited a 100% subsidiary company was amalgamated with AOL. Now company has no subsidiary company. The company has provided facilities for holding shares in demat mode by signining agreement with NSDL & Central Depositary Services (I) Ltd & the same is expected to start its operation soon and expand its reach. The company made buy back of 2229833 equity shares @ Rs.20/- per shares totalling to Rs.4.46 crores in 2002-03. M/s Oerlikon Welding Limited the overseas promoter has exited from their financial particpation from the company by offering entire stake in the buy back scheme. Pursuant to the court order an associate company M/s Ador Technologies Limited was amalgamated with the company with effect from appointed date 1st April2002.In 2006 the manufacturing operations at Ahmednagar plant have been shifted to Chennai plant for attaining economies of scale in wire products.The Company commenced manufacture and sale of Power Generators of 15 to 125 KVA capacities on a moderate scale in FY 2006-07. The new Flux Cored Wire Plant commissioned at Silvassa in 2008. Another Submerged Arc Welding Flux Plant was built at Chennai.During the financial year 2010-11 M/s. J B Advani & Company Pvt. Ltd. the promoter / parent Company of the Company acquired further shares of the Company and became the Holding Company since February 2011. In 2012 the Company launched King Series of Gas Cutting PPE & Welding Accessories Products. It set up Welding Application & Technical Centre (WATC) showcasing an extended portfolio of Automation Solutions. In 2013 it launched profile cutting CNC Machine.During FY 2017-18 the Company launched new products in welding and cutting segment & also in WAPS and Project EngineeringBusiness. It installed Solar Power Plant at Raipur Factory with the capacity of 518 KWP during FY 2019-20. During FY 2021-22 it installed Solar Power Plant at Silvassa Factory with the capacity of 115 KWP.