Ador Welding Share Price

Ador Welding Limited (AWL) was formerly incorporated as Advani Oerlikon Limited on October 22, 1951 by J B Advani Co. and the OerlikonBuhrle Group (now Unaxis), Switzerland. The Company name was changed from Advani Oerlikon Limited to Ador Welding Limited on October 16, 2003. Ador Welding is Indias leader in the field of Welding Products, Technologies Services. It is also engaged in providing customized solutions for multidisciplinary projects and contracts related to refineries, oil and gas, petrochemicals, fertilizers, steel plants, pharma, water and other chemical process industries. The Project Engineering Division (PED) has gained a strong reputation in providing world class Environmental Engineering products Welding Automation Systems in the market.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, fluxcored wires and special customised electrodes. The company has installed capacity of 1,07,800 tpa for Arc Welding Electrodes Continuous Welding Wires and Fluxes. It serves the diverse needs of steel, shipbuilding, defence, power, automobile, general fabrication and engineering industries. 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 Oerlikons products globally acceptable. It has also received the ISO9002 certification for its 100% EOU.During 199899 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. Pursuant to the Court Order, an Associate company M/s Ador Technologies Limited was amalgamated with the Company with effect from 1st April, 2002.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 200607. 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 201011, 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 201718, 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 201920. In 202122, Company installed Solar Power Plant at Silvassa Factory with the capacity of 115 KWP.In 202223, 100% Subsidiary Ador Welding Acedemy Pvt. Ltd. merged with the Company through the Scheme of Amalgamation effective from 16th March 2023.In 2024, Ador unveiled a new stateoftheart facility in Silvassa to expand its capacity for Flux Cored Welding Wires. The Raipur team transitioned to a new office space, marking a significant step forward in enhancing operational efficiency. The launch of Rhino EIndias first battery operated welder has garnered significant attention from both industry and academia. M/s. 3D Future Technologies Private Limited, whollyowned Subsidiary of erstwhile ADFL became the wholly owned Subsidiary, with effect from 25th September, 2024.In 202425, Ador Fontech Limited (AFL) got merged with the Company through the Scheme of Amalgamation from 25th September, 2024. Pursuant to the Scheme, 38,04,348 equity shares, having face value of Rs. 10/ each fully paid were allotted to the shareholders of erstwhile Ador Fontech Limited in the merger ratio 5:46.The Company launched notable products such as Ador WelDoS, RhinoS and Robotic Solutions Cobots in FY2026.