Chennai Ferrous Industries Limited, incorporated on May 7, 2010, is into trading in coal as a manufacturing and trading entity and currently works in the business of Sponge Iron manufacture and Steel products. The Company is one of the resulting companies of demerged Kanishk Steel Industries Limited.With the end of realigning the business operations undertaken by Kanishk Steel Industries Limited (Demerged Company), all the assets and liabilities of the Sponge Iron Division of Kanishk Steel Industries Limited have been vested with the Company as a going concern basis.
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