Ador Welding Limited (ADORWELD.NS)

1,402.70 -84.25 (-5.67%) At close: 03:29PM IST

Ador Welding Limited

Ador House
6, K. Dubash Marg Fort
Mumbai 400001
India
91 22 6623 9300
https://www.adorwelding.com

Sector(s): Industrials
Industry: Specialty Industrial Machinery
Full-time employees: 596

Key executives

Name	Title	Pay	Exercised	Year born
Ms. Ninotchka Malkani Nagpal	Executive Chairman	15.23M	N/A	1971
Mr. Aditya Tarachand Malkani B.A., M.B.A., MBA	MD & Director	14.57M	N/A	1980
Mr. Suryakant V. Sethia	CFO and Deputy GM of Finance & Accounts	5.9M	N/A	1979
Mr. Vinayak M. Bhide	Head of Corporate Administration, IA, KM, Legal & Compliance Officer and Company Secretary	6.6M	N/A	1969
Mr. S. Ajay Kumar	Head of International Welding Business	N/A	N/A	1965
Mr. Sunanda Kumar Palit	Head of Strategy & Customer Experience	N/A	N/A	1963
Mr. Vineet H. Bansal	Head of India Welding Business & Customer Success	N/A	N/A	1969
Mr. Ulhas Pujari	Head of Manufacturing & Supply Chain (Welding & Cutting Equipment)	N/A	N/A	1973
Mr. Sachin H. Dobhada	Head of Research, Development & Quality	N/A	N/A	1967
Mr. Rakesh Choudhary	Head of Welding Automation Products & Services	N/A	N/A	1970

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

Ador Welding Limited manufactures and supplies welding equipment, consumables, and automation solutions in India and internationally. The company operates through three segments: Consumables; Equipments and Automation; and Flares & Process Equipment. It provides welding electrodes, including mild steel general purpose, mild steel special, low alloy high tensile, cellulosic, hardfacing, stainless steel, gouging and cutting, cast iron, and non-ferrous electrodes; wires and fluxes products comprising submerged arc welding fluxes and wires, and flux cored arc welding products, as well as metal cored arc wire, gas metal arc welding (GMAW), and gas tungsten arc welding (GTAW) products; and brazing rods and fluxes. The company also offers welding and cutting equipment, such as air plasma cutting, submerged arc welding, advanced multipurpose synergic, GMAW, TIG Welding, and MMA equipment; gas cutting products, gas cutting-welding accessories, flares and process equipment, and personal protective equipment; and CNC cutting machines. In addition, it engages in the designing, manufacturing, erection, commissioning, mechanical, electrical, and instrumentation of process packages, process equipment, and flare system and components, as well as undertakes various EPC contracts. Further, the company provides welding automation products consisting of robotic systems, columns, booms, positioners, rotators, and special purpose machines; and offers skill development services. It serves pipeline, oil and gas, power, heavy engineering, shipbuilding, railway, automotive, infrastructure, transportation, and mobility sectors. The company was formerly known as Advani-Oerlikon Ltd. The company was incorporated in 1951 and is headquartered in Mumbai, India. Ador Welding Limited is a subsidiary of J. B. Advani & Company Private Limited.

Corporate governance

Ador Welding Limited’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.