|₹229.75 / ₹31.7|
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Incorporated as a private limited company in 1974 and converted into a public limited company in Sep. '75, National Oxygen (NOL) was promoted by G N Saraf. From 1975-80, the company was mainly trading in industrial/medical gases. In 1980, NOL installed and commissioned its first oxygen plant with a capacity of 63 cu mtr ph, at Mathur in the Pudukottai district of Tamilnadu. In 1981, it installed a dissolved acetylene plant at the same premises at a cost of Rs 20. 45 lac with term loan assistance from SIPCOT. Again in the next year, it commissioned its second oxygen plant at the same premises at a cost of Rs 53. 75 lac, with term loan assistance from SIPCOT.