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Ankit Metal & Power Ltd

NSE: ANKITMETAL BSE: 532870

₹1.76

(1.73%)

Mon, 21 Sept 2026, 06:04 am

Company History

2002

  • The company was incorporated as Ankit Steel Works Private Limited on August 7.

2004

  • The company was converted to a Public Limited Company on August 31.
  • The company got a sanction of sponge iron project from State Bank of India on June 7 for an amount of Rs.1500.00 lacs.
  • The name of the company was changed to Ankit Metal & Power Private Limited in July.

2005

  • Commercial Production of Sponge Iron Unit commenced in October.

2006

  • Commercial Production of Ingots from 3rd Induction Furnace started on August 12.
  • Commercial Production of Billets from Continuous Casting Plant started on February 1.
  • Commercial Production of Ingots from Induction Furnaces started on January 2.

2007

  • The Re-rolling mill and the WHRB Captive Power Plant were estimated to be commissioned in July.
  • The AFBC Captive Power Plant was estimated to start its operation from July.

2008

  • Ankit Metal & Power Ltd recommended a maiden dividend of 5% on the Equity Share Capital of the Company for the financial year 2007-08.
  • The company started Commercial Production of its 5.5 MVA Submerged Arc Furnace on October 30.

2010

  • The Board passed a resolution to increase the Authorised Capital of the Company from Rs. 60 crores to Rs. 80 crores and approved the Right Issue.

2011

  • The company started working from its new Corporate Office situated at SKP House, 132A, S. P. Mukherjee Road, Kolkata - 700 026.

2012

  • Mr. Jay Shanker Shukla was appointed as Additional Director on the Board of Directors of the Company.

2014

  • The company appointed Mr. Prem Narayan Khandelwal as an Additional Director of the Company.

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