Kanishk Steel Industries Ltd Share Price

9.50

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Independent Director Pravin Kumar Aggarwal
Chairman & Managing Director Vishal Keyal
Independent Director K Selvakumar
Company Secretary R Balaji Ravi Gopal
Addtnl Independent Director R Ramesh
Whole Time Director & CFO Ashok Bohra
Addtnl Independent Director Sheril Theodore

Promoted by the Gupta brothers in 1989 as a private limited company, Kanishk Steel Industries has an installed capacity of 50,000 tpa to manufacture various steel products like tors, rounds, squares and profiles and structurals like channels, joints, I-beams, etc. It became a public limited company in Apr.92 and entered the capital market in Nov.92 to fund its expansion programme. The company has embarked on an eco-friendly process of power generation through wind mills, by installing a 6-MW wind power project and has already started generating 4 MW. To augment resources for this project, it offered a (1:1) rights issue of FCDs, aggregating Rs 25 cr. The issue was also instrumental in increasing the capacity of the steel re-rolling mill from 50,000 tpa to 66,000 tpa. A sizeable portion of its production is through conversion contracts with Indian Iron & Steel Company, Rashtriya Ispat Nigam and other producers of semis. The company has expanded and diversifed its activities at a cost of Rs 400-cr integrated steel project (cap.: 3 lac tpa of steel billets) a technical assistance agreement was signed in Nov.94, with the Chongquing Iron & Steel Company, China.

REGISTERED OFFICE

B27 (M) SIPCOT Industrial Cmpl,
Gummidipoondi Thiruvallur Dist,Chennai,
Tamil Nadu-601201

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Website : http://www.kanishksteels.com
Email :

REGISTRAR OFFICE

Subramanian Building,
,Chennai - 600 002
INDIA

Tell. : +91-44-8528390 (5 lin
Website : www.cameoindia.com
Email : cameo@cameoindia.com