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स्वेतांबर स्टील > कंपनी इतिहास > Steel - CR & HR Strips > कंपनी इतिहास का स्वेतांबर स्टील - बीएसई: 513442, NSE: N.A

स्वेतांबर स्टील

बीएसई: 513442  |  NSE: N.A  |  ISIN:  |  Steel - CR & HR Strips

कंपनी इतिहास - स्वेतांबर स्टील
The Company was incorporated on 22nd June, 1990 as a Private Limited
 Company in the name of SWEATAMBER STEEL PRIVATE LIMITED.  The Company
 was admitted as one of partners of M/s. MAHAVIR TRADERS w.e.f. 12th
 July, 1990.  Subsequently all the existing partners namely Mr.
 Narendra Shah, Mr. Bhupendra Shah and Mrs. Bhanumati Shah retired on
 28th February, 1991 and the SWEATAMBER STEEL PVT. LTD, has taken over
 the old steel business carried on by the Mahavir Traders w.e.f. 1st
 March, 1991. The Company was subsequently converted into Public
 Limited Company w.e.f. 8th March, 1991.
 
 The Company has taken over the assets and liabilities of Mahavir
 Traders at the book value as on 28th February, 1991 and no
 revaluation of assets is made. The consideration paid to the retiring
 partners is Rs.16,67,800/- which is paid by alloting 1,66,780 Equity
 Shares of Rs.10/- each fully paid up.
 
 The immediate object of the Company is to set up Fulfledge slitting
 line for processing of Hot Rolled and Cold Rolled (HR/CR) Coils into
 narrow strips which are required by electrical Industries, slit
 material processing units and to manufacture fabricated
 plant/machinery and equipment required by various consumer industries
 such as Engineering Industries, Chemical Industries, Machinery
 Manufacturing industries, Fertilizer Industries etc. Presently the
 company is engaged in steel trading business.
 
 The company is promoted by Mr. Narendra Shah and Mr. Bhupendra Shah,
 two young dynamic entrepreneurs engaged in manufacturing and
 marketing of steel industry since last two decades in their own
 family business under the name & style M/s Mahavir Traders.
स्रोत: रेलीगरे टेचनोवा

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