TMT (I) Ltd Summary
Incorporated in March, 1976 as a private limited company, TMT (I) Limited was converted into a Public Company on 7 September, 1992. The Company was promoted by T G Veera Prasad. It came out with a Rs 240-lac public issue in Sep.93 to part-finance the setting up of facilities for manufacturing machinery for the pulp and paper industry and for chemical recovery systems.TMTLs products include raw material handling equipment, batch / continuous cooking plants, paper machines, etc.
The companys major clients are Mahy Knoory & Company, Dubai; West Coast Paper Mills, Ballarpur Industries, etc. It has tied-up with Young II Iron Works, South Korea, for tissue paper machinery; Warburton Holgate, UK, for speciality papers; Degremont India, a subsidiary of Degremont, France, for pollution control systems and other companies for biomithonisation systems, heat exchangers, etc. In 2017-18, the company diversified into distillery units and entered into a joint venture with Demerara Distillers, Guyana, for setting up a 100% EOU in India.In 2020-21, the Company had business operations in the civil contract works.The Company has carried on supply of designs and drawings activities including Civil construction works in FY 2024.
Company has explored various avenues such as supply of designs, drawings and trading operations of Garcinia, Curcumin and essential oils in FY 2025.