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Southern Petrochemicals Industries Corporation Ltd

Fri 23/05/2025,15:59:37 | NSE : SPIC

₹ 87.52-1.73 (-1.94%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 89.60

Previous Close

₹ 89.25

Volume

593411

Mkt Cap ( Rs. Cr)

₹1782.26

High

₹ 89.93

Low

₹ 87.20

52 Week High

₹ 96.70

52 Week Low

₹ 64.40

Book Value Per Share

₹ 56.40

Dividend Yield

2.28

Face Value

₹ 10.00

What’s Your Call?

Collective community sentiment on Southern Petrochemicals Industries Corporation Ltd

Your Vote -

Buy

84.44%

Hold

8.89%

Sell

6.67%

84.44%

90 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

0%

Sell Order Quantity

100%

Bid Price

Qty

0.00

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0.00

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0.00

0

Bid Total

0

Bid Price

Qty

87.52

11571

0.00

0

0.00

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0

Bid Total

11571

Option Chain

Analyzes market sentiment, predicts Southern Petrochemicals Industries Corporation Ltd' movement.

NO_RECORD_FOUND

News

Media spotlight triggers stock stock attention, sentiment.

  • SPIC - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    22 May 2025, 7:53PM SOUTHERN PETROCHEMICALS INDUSTRIES CORPORATION LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compli
  • SPIC - Cessation

    22 May 2025, 7:52PM Southern Petrochemical Industries Corporation Limited has informed the Exchange regarding Cessation of Ms Apoorva, IAS as Non- Executive Nominee Direc
  • SPIC - Outcome of Board Meeting-XBRL

    13 May 2025, 12:15PM Southern Petrochemicals Industries Corporation Limited has informed the Exchange regarding Outcome of Board Meeting held on 08-May-2025 for Dividend
  • SPIC - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    13 May 2025, 11:34AM SOUTHERN PETROCHEMICALS INDUSTRIES CORPORATION LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compli
  • SPIC - Resignation

    13 May 2025, 11:12AM Southern Petrochemical Industries Corporation Limited has informed the Exchange regarding Resignation of Mr P Shanmugam as Senior Management Personnel
  • SPIC - Board recommends Dividend

    13 May 2025, 3:06PM Southern Petrochemicals Industries Corporation Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 08, 2025, ha
  • SPIC - Standalone & Consolidated Financial Results, Auditors Report for March 31, 2025

    13 May 2025, 3:01PM Southern Petrochemicals Industries Corporation Ltd has informed BSE about : <BR><BR>1. Standalone Financial Results for the period ended March 31, 202
  • SPIC - Appointment

    8 May 2025, 10:36PM Southern Petrochemical Industries Corporation Limited has informed the Exchange regarding Appointment of Tmt. D Sneha as Non- Executive Director of th
  • SPIC - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    8 May 2025, 10:33PM SOUTHERN PETROCHEMICALS INDUSTRIES CORPORATION LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compli
  • SPIC - Press Release

    8 May 2025, 10:32PM ""Southern Petrochemical Industries Corporation Limited has informed the Exchange regarding an advance copy of Press Release dated May 8, 2025, titled
  • SPIC - Appointment

    8 May 2025, 10:27PM Southern Petrochemical Industries Corporation Limited has informed the Exchange regarding Appointment of M/s B Chandra & Associates as Secretarial Au
  • SPIC - Change in Director(s)

    8 May 2025, 10:21PM Southern Petrochemicals Industries Corporation Limited has informed the Exchange regarding Change in Director(s) of the company.
  • SPIC posts Q4 net profit of Rs 13.09 cr

    8 May 2025, 8:00PM The company reported standalone net profit during the quarter stood at Rs 13.09 crore compared to net loss of Rs 29.18 crore in the previous year quar
  • SPIC - Dividend

    8 May 2025, 7:59PM Southern Petrochemical Industries Corporation Limited has informed the Exchange that Board of Directors at its meeting held on May 08, 2025, recommend
  • SPIC - Outcome of Board Meeting

    8 May 2025, 7:49PM Southern Petrochemical Industries Corporation Limited has informed the Exchange regarding Outcome of Board Meeting held on May 08, 2025.
  • SPIC - Board Meeting Intimation

    2 May 2025, 3:17PM SOUTHERN PETROCHEMICALS INDUSTRIES CORPORATION LIMITED has informed the Exchange about Board Meeting to be held on 08-May-2025 to consider and approv
  • SPIC - Disclosure under SEBI Takeover Regulations

    22 Apr 2025, 6:22PM Tamilnadu Industrial Development Corporation Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and E
  • SPIC has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

    21 Apr 2025, 10:30PM As of March 2025, 53.38% is owned by Promoters and 46.62% by Public. <p align=justify> Among Promoters holding, Indian Promoters holds 43.25% and Fore
  • SPIC - Disclosure under SEBI Takeover Regulations

    21 Apr 2025, 3:36PM Tamilnadu Industrial Development Corporation Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and E
  • SPIC - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    10 Apr 2025, 5:19PM Southern Petrochemical Industries Corporation Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulatio
  • SPIC - Trading Window

    26 Mar 2025, 6:14PM Southern Petrochemicals Industries Corporation Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition o
  • SPIC - Trading Window-XBRL

    26 Mar 2025, 6:11PM SOUTHERN PETROCHEMICALS INDUSTRIES CORPORATION LIMITED has informed the Exchange about Closure of Trading Window

Key fundamentals

Evaluate the intrinsic value of Southern Petrochemicals Industries Corporation Ltd stock 

Name March-25 March-24 March-23 March-22 March-21
Assets 1764.82 1415.62 1284.4838 916.1731 563.683
Liabilities 1764.82 1415.62 1284.4838 916.1731 563.683
Equity 203.64 203.64 203.6403 203.6403 203.6403
Gross Profit 281.41 249.46 353.7885 175.6414 70.4296
Net Profit 130.84 87.91 284.4426 140.4344 51.8501
Cash From Operating Activities -37.95 227.41 -30.6616 -113.2259 334.621
NPM(%) 4.23 4.52 10.05 7.49 3.39
Revenue 3086.33 1943.86 2828.8186 1874.9179 1527.0073
Expenses 2804.92 1694.4 2475.0301 1699.2765 1456.5777
ROE(%) 11.39 7.65 24.76 12.22 4.51

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
2 20 2.29 76.94
12 Sep 2024 1.5 15 2.29 78
20 Sep 2023 1.5 15 2.29 68.3
0.5 5 2.29 57.15
08 Aug 2002 0 0 2.29 8.1
0 12 2.29 16.65
0 25 2.29 23.3
0 25 2.29 21.5
0 30 2.29 18.7

Peers

Other companies within the same industry or sector that are comparable to Southern Petrochemicals Industries Corporation Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Bohra Industries Ltd 35.91 1.99 0.00 90.32 -18.03 0.00
Agro Phos India Ltd 32.92 1.73 3292.00 177.82 -26.04 0.00
Rashtriya Chemicals and Fertilizers Ltd 151.91 -0.03 31.58 4838.87 40.83 0.82
Oswal Green Tech Ltd 41.45 1.02 125.61 2252.47 3.32 0.00

Company Info

YEAR EVENTS 1969 - The company was Incorporated on 18th December 1969 at Chennai. - The company is a manufacturer of all kinds of fertilisers & chemicals including petro-chemicals & plastics. 1979 - During the year a pure Gas Hydrogen Recovery Unit was installed to increase Ammonia Production. 1983 - The company also acquisitioned two chemical tankers "SPIC PEARL" & "SPIC EMERALD" for regular delivery of Phosphoric Acid from overseas supplies to its plants. The company has also placed an order for a modern gas carrier. - The company has promoted (i) Tamilnadu Petroproducts Ltd in the joint sector alongwith TIDCO (ii) SPIC Electronics & Systems Ltd for manufacture of IC Chips & (iii) Manali Petrochemical Ltd for manufacture of Propylene Oxide, Propylene Glycol & Polycol. - The company has been choosen as the Copromoter for the Rs 840 crore Aromatics Project being setup in the joint sector by Madras Refineries Ltd. 1995 - Southern Petrochemicals Industries Corporation Ltd., Chairman signed an MoU with Gelman Sciences of US for manufacturing membrane filters for industrial health care operations. - US Chemical giant EI DuPont de Nemours and Company proposes to establish a tie-up with the Madras-based Southern Petrochemical Industries Corporation (SPIC). 1996 - The fertiliser plants were shut down for maintenance from 23rd March, to 9th May. - A two hectare Floriculture EOU with Israeli technical collaboration for Rose cut-flowers was commissioned. - An enzyme project to produce basic enzymes and formulations for use in the leather and detergent industries under the trade name BIODART was commissioned. - The Heavy Chemicals Division has entered into an agreement with M/s. Chlorine Engineers Corporation (CEC), Japan, for the supply of technical knowhow and basic engineering for putting up Membrane Cell Conversion Project at its existing plant at Manali. 1997 - Spic is setting up a $160 million urea plant at Jebel Ali free trade zone in United Arab Emirates (UAE). The plant is being set up under a wholly owned subsidiary, Spic Fertilisers & Chemicals, with a capacity of 1,200 tpa of urea and 6.85 tpa of ammonia. - Spic Electric Power Corporation Limited, a new venture promoted by the Spic group, signed a power purchase agreement (PPA) with the Tamil Nadu Electricity Board (TNEB) for its 525 MW fourth stage Tuticorin thermal power project. - Southern Petrochemical Industries Corporation Ltd is setting up a wholly owned subsidiary (WOS) in Jebel Ali Free Zone (JAFZ) near Dubai for manufacture of urea and ammonia. - Southern Petrochemicals Industries Corporation (SPIC) has signed an agreement with M.W.Kellogg of the United Kingdom for its USD 160 million fertiliser complex in Dubai, through its wholly owned subsidiary company named SPIC Fertilisers and Chemicals FZE. - Fertiliser major Spic has come out with a new set of proposals for the merger of its two ventures, Spic Petrochemicals Ltd (SPC) and Spic Aromatics and Chemicals Ltd (SACL) with Arochem, its joint venture with Madras Refineries Ltd (MRL). - The fertiliser giant, Southern Petrochemical Industries Corporation (SPIC), has signed an agreement with Universal Investments of New Zealand for forming a joint venture company, which would process foods and export them. 1998 - Southern Petrochemical Industries Corporation Ltd (SPC) has decided to convert its wholly owned subsidiary at Dubai into a joint venture company by inducting two more partners in Mauritius, to muster financial strength. - Southern Petrochemical Investment Company Ltd (SPIC) is diversifying into hospitality sector and has entered into a marketing tie-up with Radisson Hotels International Inc of USA. - Spic-SMO, a division of Southern Petrochemical Industries Corporation Ltd (Spic), has entered into a Rs.10 crore joint venture with Italy-based Technipetrol SpA, a wholly-owned subsidiary of Technip group of France. - Southern Petrochemicals Industries Corporation (Spic) has forged a joint venture with Technipetrol Spa of Italy. - SPIC has presented a proposal to financial institutions, to merge its two associate companies, Manali petrochemical Ltd and Spic Organics Ltd (SORL). - Spic Organics Ltd has allotted 1.5 crore equity shares of Rs. 10 each at par to Southern Petrochemical Industries Corporation Ltd (SPIC). 1999 -K Govindarajan quit as managing director of Spic Petrochemicals Ltd (SPC) 2000 - The Heavy Chemical Division of the Company situated at Manali is proposed to be transferred/disposed off as a `going concern' on such conditions after taking into consideration the result of an independent valuation study. - A 50:50 Joint Venture between the Company and Pioneer Overseas Corporation of the US, is setting up a plant for `conditioning of seeds' and `cold storage of seeds'. The Joint Venture Company is setting 5,000 MTPA seed processing plant at Yellampet in the RR District of Andhra Pradesh. - The Company has bagged the `Best Productivity Award' for the year 1998-99 under the category `fertiliser industry - Phosphatic'. -Spic has bagged the Award of Honour for the year 1999 from the National Safety Council of India, -VR Aravind managing director of Gulf SPIC Contracting Company WLL Kuwait will take over as the managing director of SPIC Petro. - Tamilnadu Petroproducts (TPL) has acquired the heavy chemicals division (HCD) of Spic with the approval of various authorities -Mr. A.C. Muthiah Vice Chairman and President took over as Chairman of SPIC following the death of his father M.A. Chidambaram 2001 - Mr M. Madhavan Nambiar has been co-opted as Nominee Director of TIDCO in place of Mr R. Gopalan. - Southern Petrochemical Industries Corporation Ltd (Spic), the Chennai-based MA Chidambaram flagship company, has decided to pull out of the race for acquiring government's stake in the public sector Madras Fertiliser Ltd (MFL) - Southern Petrochemicals Industries Corporation (Spic) has agreed to reimburse over Rs 16 crore to Chennai Petroleum Corporation Ltd (CPCL) following CPCL's decision to withdraw from the over Rs 2,000 crore Arochem project in Tamil Nadu. - Mr Ashwin C. Muthiah has been elected Vice-Chairman of the Chennai-based Southern Petrochemical Industries Corporation Ltd. 2002 -Southern Petrochemical Industries Corporation Ltd has informed that Thiru Babu K Verghese, Deputy Managing Director, is elevated as M D of the Company in place of Dr P R Sundaravadivelu who consequent to his retirement on March 31, 2002 has laid down the Office as Vice Chairman (M D)/Director of the Company. 2003 -SPIC-SMO, the engineering and services division of the Company, receives Letter of Award for supply and construction of double circuit transmission line on the 155 km stretch between Mysore and Nelamangala in Karnataka -Board approved to issue/allot 2,00,00,000 equity shares of the face value of Rs.10/- each, aggregating to Rs.20 crores,at par, to the Promoters of the Company. 2001 --SPIC has divested its entire stake in Seeds JV in favour of US major Pioneer for $17 million --The pharmaceuticals division of Southern Petrochemical Industries Corporation Ltd (SPIC), located at Cuddalore, in Tamil Nadu, has received the approval from Food and Drug Administration of the US -- Mr Ashwin C. Muthiah has been elected Vice-Chairman of the Chennai-based Southern Petrochemical Industries Corporation Ltd. --The Southern Petrochemical Industries Corporation Ltd (SPIC) has been conferred the ICMA Award 2000 by the Indian Chemical Manufacturers' Association for excellence in management of safety, health and environment --Spic Petro MD quits 2002 --SPIC has sold its 49 per cent share in Caltex-Spic to its joint venture partner Caltex oil corporation. -- The Southern Petrochemical Industries Corporation Ltd (Spic), has engaged in the services of two international consultancy majors to advice the group on business restructuring. -- The Southern Petrochemicals and Industrial Corporation Ltd has got two, Rs 73 crore, contracts from the public sector PowerGrid Corporation of India Ltd (PGCIL). The projects will be completed and commissioned before the first quarter of 2005 --The Southern Petrochemical Industries Corporation Ltd (Spic) has introduced three bio-enzyme formulations for the poultry feed intended to increase the digestibility of the feed and improving the feed conversion ratio among poultry birds --Southern Petrochemical Industries Corporation (SPIC) has closed down its ammonia unit at Tuticorin due to a leakage in the pipeline. Accident occurred when the repair works were underway on October 1 2004 -Jaya gets clean chit in SPIC case - Karaikudi-based Alagappa University on August 25, 2004, confers the degree of Doctor of Letters on the SPIC group Chairman, Mr A.C. Muthiah 2005 -Thiru D. Rajendran, IAS has been appointed as Nominee Director of Tamilnadu Industrial Development Corporation Limited 2007 -Southern Petrochemicals has appointed Thiru M Jayasankar as an Independent Director of the Company 2008 -Southern Petrochemicals has appointed Thiru M F Farooqui, IAS, as Nominee Director of Tamilnadu Industrial Development Corporation Limited 2010 -Ms Neeta Mukerji has been appointed as Nominee Director of Asset Reconstruction Company (India) Limited 2011 -Thiru N Rajeeva Prakash has been appointed as Company Secretary and Compliance Officer of the company. 2012 -Southern Petrochemicals Industries Corporation Ltd has informed that the Registered Office of of the Company have been shifted from No 73, Armenian Street, Chennai 600001 to "SPIC House" No 88 Mount Road, Guindy Chennai 6000032. 2013 -Southern Petrochemicals Industries Corporation Ltd has approved the reappointment of Thiru K K Rajagopalan as Wholetime Director of the Company for a period of one year from November 16, 2013. 2014 -Southern Petrochemicals Industries Corporation Ltd has appointed Tmt G Latha, IAS as Nominee Director of M/s Tamilnadu Industrial Development Corporation Ltd. on the Board of the Company. 2015 -Southern Petrochemicals Industries Corporation Ltd their plants at Tuticorin have resumed production -Southern Petrochemicals Industries Corporation Ltd. Memorandum of Understanding was entered into between Government of Tamil Nadu and the Company to co-operate in the setting up additional production facility of 12,70,000 MTPY of Urea in Tuticorin and facilitate establishment and operation of the project. 2019 -"SPIC resumes commercial production of Urea and Ammonia as per planned schedule. All its plants have re-started operations successfully." 2020 -Southern Petrochemicals Industries Corporation Limited has informed the Exchange regarding 'Resumption of Production'. 2021 -SPIC enters natural gas era. -SPIC Thoothukudi plant starts receiving natural gas from ONGC facility. 2022 -SPIC's captive floating solar power plant in TN goes on stream, CM inaugurates unit.

YEAR EVENTS 1969 - The company was Incorporated on 18th December 1969 at Chennai. - The company is a manufacturer of all kinds of fertilisers & chemicals including petro-chemicals & plastics. 1979 - During the year a pure Gas Hydrogen Recovery Unit was installed to increase Ammonia Production. 1983 - The company also acquisitioned two chemical tankers "SPIC PEARL" & "SPIC EMERALD" for regular delivery of Phosphoric Acid from overseas supplies to its plants. The company has also placed an order for a modern gas carrier. - The company has promoted (i) Tamilnadu Petroproducts Ltd in the joint sector alongwith TIDCO (ii) SPIC Electronics & Systems Ltd for manufacture of IC Chips & (iii) Manali Petrochemical Ltd for manufacture of Propylene Oxide, Propylene Glycol & Polycol. - The company has been choosen as the Copromoter for the Rs 840 crore Aromatics Project being setup in the joint sector by Madras Refineries Ltd. 1995 - Southern Petrochemicals Industries Corporation Ltd., Chairman signed an MoU with Gelman Sciences of US for manufacturing membrane filters for industrial health care operations. - US Chemical giant EI DuPont de Nemours and Company proposes to establish a tie-up with the Madras-based Southern Petrochemical Industries Corporation (SPIC). 1996 - The fertiliser plants were shut down for maintenance from 23rd March, to 9th May. - A two hectare Floriculture EOU with Israeli technical collaboration for Rose cut-flowers was commissioned. - An enzyme project to produce basic enzymes and formulations for use in the leather and detergent industries under the trade name BIODART was commissioned. - The Heavy Chemicals Division has entered into an agreement with M/s. Chlorine Engineers Corporation (CEC), Japan, for the supply of technical knowhow and basic engineering for putting up Membrane Cell Conversion Project at its existing plant at Manali. 1997 - Spic is setting up a $160 million urea plant at Jebel Ali free trade zone in United Arab Emirates (UAE). The plant is being set up under a wholly owned subsidiary, Spic Fertilisers & Chemicals, with a capacity of 1,200 tpa of urea and 6.85 tpa of ammonia. - Spic Electric Power Corporation Limited, a new venture promoted by the Spic group, signed a power purchase agreement (PPA) with the Tamil Nadu Electricity Board (TNEB) for its 525 MW fourth stage Tuticorin thermal power project. - Southern Petrochemical Industries Corporation Ltd is setting up a wholly owned subsidiary (WOS) in Jebel Ali Free Zone (JAFZ) near Dubai for manufacture of urea and ammonia. - Southern Petrochemicals Industries Corporation (SPIC) has signed an agreement with M.W.Kellogg of the United Kingdom for its USD 160 million fertiliser complex in Dubai, through its wholly owned subsidiary company named SPIC Fertilisers and Chemicals FZE. - Fertiliser major Spic has come out with a new set of proposals for the merger of its two ventures, Spic Petrochemicals Ltd (SPC) and Spic Aromatics and Chemicals Ltd (SACL) with Arochem, its joint venture with Madras Refineries Ltd (MRL). - The fertiliser giant, Southern Petrochemical Industries Corporation (SPIC), has signed an agreement with Universal Investments of New Zealand for forming a joint venture company, which would process foods and export them. 1998 - Southern Petrochemical Industries Corporation Ltd (SPC) has decided to convert its wholly owned subsidiary at Dubai into a joint venture company by inducting two more partners in Mauritius, to muster financial strength. - Southern Petrochemical Investment Company Ltd (SPIC) is diversifying into hospitality sector and has entered into a marketing tie-up with Radisson Hotels International Inc of USA. - Spic-SMO, a division of Southern Petrochemical Industries Corporation Ltd (Spic), has entered into a Rs.10 crore joint venture with Italy-based Technipetrol SpA, a wholly-owned subsidiary of Technip group of France. - Southern Petrochemicals Industries Corporation (Spic) has forged a joint venture with Technipetrol Spa of Italy. - SPIC has presented a proposal to financial institutions, to merge its two associate companies, Manali petrochemical Ltd and Spic Organics Ltd (SORL). - Spic Organics Ltd has allotted 1.5 crore equity shares of Rs. 10 each at par to Southern Petrochemical Industries Corporation Ltd (SPIC). 1999 -K Govindarajan quit as managing director of Spic Petrochemicals Ltd (SPC) 2000 - The Heavy Chemical Division of the Company situated at Manali is proposed to be transferred/disposed off as a `going concern' on such conditions after taking into consideration the result of an independent valuation study. - A 50:50 Joint Venture between the Company and Pioneer Overseas Corporation of the US, is setting up a plant for `conditioning of seeds' and `cold storage of seeds'. The Joint Venture Company is setting 5,000 MTPA seed processing plant at Yellampet in the RR District of Andhra Pradesh. - The Company has bagged the `Best Productivity Award' for the year 1998-99 under the category `fertiliser industry - Phosphatic'. -Spic has bagged the Award of Honour for the year 1999 from the National Safety Council of India, -VR Aravind managing director of Gulf SPIC Contracting Company WLL Kuwait will take over as the managing director of SPIC Petro. - Tamilnadu Petroproducts (TPL) has acquired the heavy chemicals division (HCD) of Spic with the approval of various authorities -Mr. A.C. Muthiah Vice Chairman and President took over as Chairman of SPIC following the death of his father M.A. Chidambaram 2001 - Mr M. Madhavan Nambiar has been co-opted as Nominee Director of TIDCO in place of Mr R. Gopalan. - Southern Petrochemical Industries Corporation Ltd (Spic), the Chennai-based MA Chidambaram flagship company, has decided to pull out of the race for acquiring government's stake in the public sector Madras Fertiliser Ltd (MFL) - Southern Petrochemicals Industries Corporation (Spic) has agreed to reimburse over Rs 16 crore to Chennai Petroleum Corporation Ltd (CPCL) following CPCL's decision to withdraw from the over Rs 2,000 crore Arochem project in Tamil Nadu. - Mr Ashwin C. Muthiah has been elected Vice-Chairman of the Chennai-based Southern Petrochemical Industries Corporation Ltd. 2002 -Southern Petrochemical Industries Corporation Ltd has informed that Thiru Babu K Verghese, Deputy Managing Director, is elevated as M D of the Company in place of Dr P R Sundaravadivelu who consequent to his retirement on March 31, 2002 has laid down the Office as Vice Chairman (M D)/Director of the Company. 2003 -SPIC-SMO, the engineering and services division of the Company, receives Letter of Award for supply and construction of double circuit transmission line on the 155 km stretch between Mysore and Nelamangala in Karnataka -Board approved to issue/allot 2,00,00,000 equity shares of the face value of Rs.10/- each, aggregating to Rs.20 crores,at par, to the Promoters of the Company. 2001 --SPIC has divested its entire stake in Seeds JV in favour of US major Pioneer for $17 million --The pharmaceuticals division of Southern Petrochemical Industries Corporation Ltd (SPIC), located at Cuddalore, in Tamil Nadu, has received the approval from Food and Drug Administration of the US -- Mr Ashwin C. Muthiah has been elected Vice-Chairman of the Chennai-based Southern Petrochemical Industries Corporation Ltd. --The Southern Petrochemical Industries Corporation Ltd (SPIC) has been conferred the ICMA Award 2000 by the Indian Chemical Manufacturers' Association for excellence in management of safety, health and environment --Spic Petro MD quits 2002 --SPIC has sold its 49 per cent share in Caltex-Spic to its joint venture partner Caltex oil corporation. -- The Southern Petrochemical Industries Corporation Ltd (Spic), has engaged in the services of two international consultancy majors to advice the group on business restructuring. -- The Southern Petrochemicals and Industrial Corporation Ltd has got two, Rs 73 crore, contracts from the public sector PowerGrid Corporation of India Ltd (PGCIL). The projects will be completed and commissioned before the first quarter of 2005 --The Southern Petrochemical Industries Corporation Ltd (Spic) has introduced three bio-enzyme formulations for the poultry feed intended to increase the digestibility of the feed and improving the feed conversion ratio among poultry birds --Southern Petrochemical Industries Corporation (SPIC) has closed down its ammonia unit at Tuticorin due to a leakage in the pipeline. Accident occurred when the repair works were underway on October 1 2004 -Jaya gets clean chit in SPIC case - Karaikudi-based Alagappa University on August 25, 2004, confers the degree of Doctor of Letters on the SPIC group Chairman, Mr A.C. Muthiah 2005 -Thiru D. Rajendran, IAS has been appointed as Nominee Director of Tamilnadu Industrial Development Corporation Limited 2007 -Southern Petrochemicals has appointed Thiru M Jayasankar as an Independent Director of the Company 2008 -Southern Petrochemicals has appointed Thiru M F Farooqui, IAS, as Nominee Director of Tamilnadu Industrial Development Corporation Limited 2010 -Ms Neeta Mukerji has been appointed as Nominee Director of Asset Reconstruction Company (India) Limited 2011 -Thiru N Rajeeva Prakash has been appointed as Company Secretary and Compliance Officer of the company. 2012 -Southern Petrochemicals Industries Corporation Ltd has informed that the Registered Office of of the Company have been shifted from No 73, Armenian Street, Chennai 600001 to "SPIC House" No 88 Mount Road, Guindy Chennai 6000032. 2013 -Southern Petrochemicals Industries Corporation Ltd has approved the reappointment of Thiru K K Rajagopalan as Wholetime Director of the Company for a period of one year from November 16, 2013. 2014 -Southern Petrochemicals Industries Corporation Ltd has appointed Tmt G Latha, IAS as Nominee Director of M/s Tamilnadu Industrial Development Corporation Ltd. on the Board of the Company. 2015 -Southern Petrochemicals Industries Corporation Ltd their plants at Tuticorin have resumed production -Southern Petrochemicals Industries Corporation Ltd. Memorandum of Understanding was entered into between Government of Tamil Nadu and the Company to co-operate in the setting up additional production facility of 12,70,000 MTPY of Urea in Tuticorin and facilitate establishment and operation of the project. 2019 -"SPIC resumes commercial production of Urea and Ammonia as per planned schedule. All its plants have re-started operations successfully." 2020 -Southern Petrochemicals Industries Corporation Limited has informed the Exchange regarding 'Resumption of Production'. 2021 -SPIC enters natural gas era. -SPIC Thoothukudi plant starts receiving natural gas from ONGC facility. 2022 -SPIC's captive floating solar power plant in TN goes on stream, CM inaugurates unit.

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Parent Organisation

Southern Petrochemicals Industries Corporation Ltd.

Founded

18/12/1969

Managing Director

Mr.Ashwin C Muthiah

NSE Symbol

SPICEQ

FAQ

The current price of Southern Petrochemicals Industries Corporation Ltd is ₹ 87.52.

The 52-week high for Southern Petrochemicals Industries Corporation Ltd is ₹ 89.93 and the 52-week low is ₹ 87.20.

The market capitalization of Southern Petrochemicals Industries Corporation Ltd is currently ₹ 1782.26. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Southern Petrochemicals Industries Corporation Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in Southern Petrochemicals Industries Corporation Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Southern Petrochemicals Industries Corporation Ltd shares.

The CEO of Southern Petrochemicals Industries Corporation Ltd is Mr.Ashwin C Muthiah, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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