{
 "as_of": "2026-11-06",
 "cmr": "in-cm-kg/XNSE/INE045A01017",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# Ador Welding Limited (National Stock Exchange of India: INE045A01017) — research page\n\nAs of 2026-11-06 · in-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is Ador Welding Limited, listed on the National Stock Exchange of India under ticker INE045A01017, with ISIN INE045A01017. The LEI is not on the record. Security type, segment, sector and jurisdiction are not on the record. Listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 0 filings in the window 2025-11-06 to 2026-11-06, across 0 filing days. The median gap between filing days is not on the record. No latest filing date is on the record, and the days from latest filing to record date are not on the record. Exchange peers on National Stock Exchange of India number 2613, with a median cadence gap not on the record, a median of 0 filings, and a median latency not on the record. Sector peer figures are not on the record for this market.\n\n## Auditor\n\nThe auditor of record is not on the record, and its location is not on the record. Auditor changes are not on the record, because no lifecycle type map exists for this register yet.\n\n## Events and halts\n\nListing, delisting, name change, domicile change and segment move are not on the record, because no lifecycle type map exists for this register yet. The halt flag shows listed, not halted.\n\n## Orderability\n\nUnder rule version acm-68000/in/sebi-suitability-sebi-investment-advisers-regulations-2013-r/r1, with chapter as of 2026-11-04, the outcome is determinable for each client category: accredited investor, Retail individual investor, Qualified Institutional Buyer and Non-Institutional Investors, each with signal ACM-200.\n\n## Coverage\n\nNo research houses were found on the issuer's investor-relations page.\n\n## Open research\n\nThe record holds 3 openly published research notes: IDBI Capital dated 2025-10-16, Way2Wealth dated 2023-04-03, and Arihant Capital Markets dated 2018-10-24.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed. No issuer years are sealed, the market's earliest sealed date is not on the record, and the live record began is not on the record.\n\n## Sources\n\n8 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://nsearchives.nseindia.com/content/equities/EQUITY_L.csv (identity.exchange)\n- https://mcp.in-cm-kg.ai/events/XNSE/INE045A01017 (the disclosure lines)\n- https://www.nseindia.com/regulations/listing-compliance (the halt flag)\n- https://mcp.in-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://idbicapital.com/InstitutionReports/Uploads/ADOR_RR_16102025.pdf (open research)\n- https://www.way2wealth.com/Reports/RR030420233d482.pdf (open research)\n- https://i.marketsmojo.com/pdf/research-report/201810/Ador.Welding_Arihant_24102018.pdf (open research)\n- https://mcp.in-cm-kg.ai/record/XNSE/INE045A01017 (the record)\n",
 "market": "IN",
 "node": "in-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": null,
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "the IN vintage is not sealed; the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false
  },
  "auditor": {
   "auditor": {
    "market": "IN",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "IN",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "IN",
    "state": "not_on_record"
   },
   "changes": {
    "market": "IN",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "in-cm-kg/XNSE/INE045A01017",
  "coverage": {
   "count": 0,
   "houses": [],
   "pages_checked": [
    {
     "page": "https://images.assettype.com/bloombergquint/2021-06/f26d42c9-b2b6-4ccb-acc2-978349ccb2a6/ICICI_Direct_Ador_Welding_Company_Update.pdf",
     "result": "not readable by this rail (403)"
    },
    {
     "page": "https://www.plindia.com/samplereports/awl-16-7-19-pl.pdf",
     "result": "not readable by this rail (404)"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": null,
   "state": "none_found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 2613,
     "median_cadence_gap_days": null,
     "median_filings": 0,
     "median_latency_days": null,
     "name": "National Stock Exchange of India"
    },
    "sector": {
     "market": "IN",
     "state": "not_on_record"
    }
   },
   "by_type": {},
   "cadence_median_gap_days": null,
   "filing_days": 0,
   "filings": 0,
   "latency_days": null,
   "latest": [],
   "latest_filing_date": null,
   "note": "no disclosure line on the record for this issuer in the window",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.in-cm-kg.ai/events/XNSE/INE045A01017",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "NSE EQUITY_L.csv + BSE ListofScripData (Equity, Active, INF* dropped); one row per ISIN, NSE wins; LEI = GLEIF exact ISIN map only; CFI not published (null) — reused from pond drop 2026-10-24 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-10-25 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-10-25-2 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-10-26 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-10-27 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-10-28 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-10-29 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-10-30 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-10-31 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-11-01 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-11-02 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-11-03 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-11-04 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-11-05 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-11-06 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-11-07 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)'))",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://nsearchives.nseindia.com/content/equities/EQUITY_L.csv",
    "state": "sourced",
    "value": "National Stock Exchange of India"
   },
   "isin": {
    "read_by": "NSE EQUITY_L.csv + BSE ListofScripData (Equity, Active, INF* dropped); one row per ISIN, NSE wins; LEI = GLEIF exact ISIN map only; CFI not published (null) — reused from pond drop 2026-10-24 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-10-25 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-10-25-2 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-10-26 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-10-27 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-10-28 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-10-29 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-10-30 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-10-31 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-11-01 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-11-02 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-11-03 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-11-04 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-11-05 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-11-06 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-11-07 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)'))",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://nsearchives.nseindia.com/content/equities/EQUITY_L.csv",
    "state": "sourced",
    "value": "INE045A01017"
   },
   "jurisdiction": {
    "market": "IN",
    "state": "not_on_record"
   },
   "lei": {
    "market": "IN",
    "reason": "the roster carries none",
    "state": "not_on_record"
   },
   "name": {
    "read_by": "NSE EQUITY_L.csv + BSE ListofScripData (Equity, Active, INF* dropped); one row per ISIN, NSE wins; LEI = GLEIF exact ISIN map only; CFI not published (null) — reused from pond drop 2026-10-24 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-10-25 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-10-25-2 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-10-26 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-10-27 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-10-28 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-10-29 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-10-30 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-10-31 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-11-01 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-11-02 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-11-03 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-11-04 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-11-05 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-11-06 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-11-07 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)'))",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://nsearchives.nseindia.com/content/equities/EQUITY_L.csv",
    "state": "sourced",
    "value": "Ador Welding Limited"
   },
   "sector": {
    "market": "IN",
    "state": "not_on_record"
   },
   "security_type": {
    "market": "IN",
    "state": "not_on_record"
   },
   "segment": {
    "market": "IN",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "NSE EQUITY_L.csv + BSE ListofScripData (Equity, Active, INF* dropped); one row per ISIN, NSE wins; LEI = GLEIF exact ISIN map only; CFI not published (null) — reused from pond drop 2026-10-24 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-10-25 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-10-25-2 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-10-26 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-10-27 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-10-28 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-10-29 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-10-30 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-10-31 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-11-01 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-11-02 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-11-03 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-11-04 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-11-05 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-11-06 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)')) — reused from pond drop 2026-11-07 (the exchange refused this read: RuntimeError('BSE ListofScripData did not answer (403)'))",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://nsearchives.nseindia.com/content/equities/EQUITY_L.csv",
    "state": "sourced",
    "value": "INE045A01017"
   },
   "website": {
    "market": "IN",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "IN",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "IN",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "IN",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "IN",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "IN",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "IN",
  "node": "in-cm-kg",
  "numbers_hash": "sha256:86e59b045312a6585245bbe5ba9b2f0f3faabdb7081189feba8aca7fbebe868d",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [
    {
     "date": "2025-10-16",
     "kind": "independent",
     "publisher": "IDBI Capital",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://idbicapital.com/InstitutionReports/Uploads/ADOR_RR_16102025.pdf",
     "state": "sourced",
     "title": "HOLD Ador Welding MDC — Q2FY26 Result Review"
    },
    {
     "date": "2023-04-03",
     "kind": "independent",
     "publisher": "Way2Wealth",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://www.way2wealth.com/Reports/RR030420233d482.pdf",
     "state": "sourced",
     "title": "ADOR WELDING LTD- Quick Insight"
    },
    {
     "date": "2018-10-24",
     "kind": "independent",
     "publisher": "Arihant Capital Markets",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://i.marketsmojo.com/pdf/research-report/201810/Ador.Welding_Arihant_24102018.pdf",
     "state": "sourced",
     "title": "Ador Welding — Initiating Coverage"
    }
   ],
   "state": "found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [
    "accredited investor",
    "Retail individual investor",
    "Qualified Institutional Buyer",
    "Non‐Institutional Investors"
   ],
   "outcomes": {
    "Non‐Institutional Investors": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "Qualified Institutional Buyer": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "Retail individual investor": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "accredited investor": {
     "determinable": true,
     "signal": "ACM-200"
    }
   },
   "read": {
    "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group",
    "chapter": "https://mcp.in-cm-kg.ai/book/aio.json",
    "door": "https://mcp.in-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/in/sebi-suitability-sebi-investment-advisers-regulations-2013-r/r1",
   "section": "in.aio.v5"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.in-cm-kg.ai/record/XNSE/INE045A01017",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-09",
   "source": "https://www.nseindia.com/regulations/listing-compliance",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:86e59b045312a6585245bbe5ba9b2f0f3faabdb7081189feba8aca7fbebe868d",
 "path": "/in/XNSE/INE045A01017",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is Ador Welding Limited, listed on the National Stock Exchange of India under ticker INE045A01017, with ISIN INE045A01017. The LEI is not on the record. Security type, segment, sector and jurisdiction are not on the record. Listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 0 filings in the window 2025-11-06 to 2026-11-06, across 0 filing days. The median gap between filing days is not on the record. No latest filing date is on the record, and the days from latest filing to record date are not on the record. Exchange peers on National Stock Exchange of India number 2613, with a median cadence gap not on the record, a median of 0 filings, and a median latency not on the record. Sector peer figures are not on the record for this market.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record, and its location is not on the record. Auditor changes are not on the record, because no lifecycle type map exists for this register yet.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "Listing, delisting, name change, domicile change and segment move are not on the record, because no lifecycle type map exists for this register yet. The halt flag shows listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "Under rule version acm-68000/in/sebi-suitability-sebi-investment-advisers-regulations-2013-r/r1, with chapter as of 2026-11-04, the outcome is determinable for each client category: accredited investor, Retail individual investor, Qualified Institutional Buyer and Non-Institutional Investors, each with signal ACM-200.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "No research houses were found on the issuer's investor-relations page.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "The record holds 3 openly published research notes: IDBI Capital dated 2025-10-16, Way2Wealth dated 2023-04-03, and Arihant Capital Markets dated 2018-10-24.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The market's vintage is not sealed. No issuer years are sealed, the market's earliest sealed date is not on the record, and the live record began is not on the record.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "8 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://nsearchives.nseindia.com/content/equities/EQUITY_L.csv"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.in-cm-kg.ai/events/XNSE/INE045A01017"
  },
  {
   "for": "the halt flag",
   "source": "https://www.nseindia.com/regulations/listing-compliance"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.in-cm-kg.ai/book/aio.json"
  },
  {
   "for": "open research",
   "source": "https://idbicapital.com/InstitutionReports/Uploads/ADOR_RR_16102025.pdf"
  },
  {
   "for": "open research",
   "source": "https://www.way2wealth.com/Reports/RR030420233d482.pdf"
  },
  {
   "for": "open research",
   "source": "https://i.marketsmojo.com/pdf/research-report/201810/Ador.Welding_Arihant_24102018.pdf"
  },
  {
   "for": "the record",
   "source": "https://mcp.in-cm-kg.ai/record/XNSE/INE045A01017"
  }
 ],
 "title": "Ador Welding Limited (INE045A01017) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}