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Twenty First Century Management Services Ltd

Tide Water Oil Co (I) Ltd

BSE : 590005|NSE : TIDEWATER|ISIN : INE484C01030

Tide Water Oil Co (I) Ltd Company History

Tide Water Oil Company India is mainly engaged in the business of manufacturing and marketing of lubricants.

1997
1998
2001
2002
2003
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2016
2021

1997

entered into a technical collaboration with Cofran Promotion Switzerland to manufacture synthetic semi-synthetic and speciality lubricants.

Tide Water Oil Co. (India) has launched 4-T Monday. The product has been developed in technical collaboration with Mitsubishi Oil Co. Ltd. Japan

1997

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1998

Reported a 61 per cent rise in interest costs and 13 per cent growth in sales turnover for the year to March 31 1998.

Proposed to raise its stake in Tide Water Oil Company (India) Ltd by 100 per cent.

1998

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2001

Andrew Yule group, has initiated a new brand-building exercise to promote the `Veedol' brand of lubricants in a big way

2001

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2002

Four bidders out of the six have exited from the Tide Water Oil’s (TWO) sell off process leaving IBP and Caltex, the Chevron Texaco US subsidiary, in the race to acquire Andrew Yule subsidiary.

2002

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2003

hit a high of Rs 1492.20 on Oct 6 before closing at Rs 1448.90, up by 6.80 per cent. More than 6077 shares were traded on the BSE.

2003

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2005

Tide Water Oil India Ltd has recommended a total Dividend of Rs 10/- per share inclusive of Rs 7.50 per share paid as interim dividend

2005

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2006

Tide Water Oil India Ltd has recommended a total dividend of Rs 15/- per share

2006

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2007

Tide Water Oil India Ltd has decided to recommend a final dividend @ 150% i.e. Rs 15/-per Ordinary Share (including Interim Dividend @ 100%)

2007

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2008

Tide Water Oil India Ltd has decided to recommend a final dividend @ 200% i.e. Rs 20/- per Ordinary Share

2008

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2009

Tide Water Oil India Ltd has recommended a total Dividend of Rs 30.00 per share

2009

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2010

Tide Water Oil India Ltd has recommended a total dividend of Rs. 50.00 per share

2010

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2011

Tide Water Oil India Ltd has acquired 100% shares of Veedol International Ltd. (VIL)

2011

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2012

Veedol International DMCC, being a subsidiary of Tide Water Oil Company (India) Limited (TWO), has been incorporated in the DMCC Free Trade Zone of Dubai, UAE

2012

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2013

Tide Water Oil - Information related to Employee Benefit Scheme

2013

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2014

Tide Water Oil - Tide Water Oil Co. (I) Ltd. enters into a 50:50 joint-venture with JX

Tide Water Oil - Tide Water Oil Co. (India) Ltd. signs MoU with JX Nippon Oil & Energy

2014

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2016

The Company has issued Bonus Shares in the Ratio of 1:1.

The Company has splits its face value from Rs. 10/- to Rs. 5/-.

2016

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2021

The Company has issued Bonus Shares in the Ratio of 1:1.

The Company has splits its face value from Rs. 5/- to Rs. 2/-.

The new pail filling machine was installed at the Ramkrishnapur Plant in Howrah, West Bengal in October 2021.

The Company enhanced product offering in the Two-Wheeler segment with the introduction of the Take-Off Ultra range of fully synthetic engine oils

2021

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