Palco Metals Ltd Company Summary

Palco Metals Limited was established as Premier Die Casting & Engineering.Company Limited in 1962 with public participation. The present management took over the Company in 1997. To implement the vision of the promoters, the name of the company was changed to Palco Metals Limited.

Due to support of all stake holders and efforts of management team, Company turned into a successful unit. It sold the running business to its associates concern Palco Recycle Industries Limited in 2010-11.Palco Recycle Industries Limited was made a subsidiary of the Company in 2016-17. Further, the Company invested in Subsidiary company, Palco Recycle Industries Limited (PRIL) having its plant situated in Kadi, Gujarat to manufacture wire rods of various grades.The Company is currently not engaged in any manufacturing activity.

However, the subsidiary company engaged in the manufacturing of Aluminium Wire & Aluminum Deoxident through integrated facility to manufacture wire rods of various grades, Deoxident in the form of Aluminium substance, notchbar and cables & has laboratory to test all types of wire rod and cables.