Precision Metaliks Ltd - PRECISION METAL. Share Price

Summary

The Company was originally incorporated as a Public Limited Company under the Companies Act, 1956 pursuant to a Certificate of Incorporation issued by the Registrar of Companies, Andhra Pradesh, Hyderabad dated July 27, 2012 with the name Precision Metaliks Limited. Subsequently, the Company got converted into Private Limited Company and the name was changed to Precision Metaliks Private Limited vide fresh Certificate of Incorporation issued by the Registrar of Companies, Telangana, Hyderabad on March 18, 2016. Subsequently, Company got converted again into a Public Limited Company and name of the Company was changed to Precision Metaliks Limited and a fresh Certificate of Incorporation consequent upon conversion to Public Limited Company was issued by the Registrar of Companies, Telangana, Hyderabad, on March 19, 2021. The Companys Promoters are Abhishek Business Private Limited and Smt. Jayanthi Roja Ramani.The Unit is situated at Visakhapatnam SEZ, Duvvada in Andhra Pradesh. Under this Unit, the Company converts semi-finished raw wheels to finished wheels by rendering value added services such as cleaning, washing, buffing, polishing, testing and packing for major client, Synergies Castings Limited, Visakhapatnam. The Company developed a custom solution, which is a combination of robotic grinding and buffing, combined with automatic media polishing, which allows 3D polishing of alloy wheel castings. The process has been automated to make it consistent / efficient and... Read More