Inducto Steel Ltd
NSE: BSE: 532001
₹50.03
(0%)
Thu, 05 Mar 2026, 00:47 am
Market Cap200.98M
PE Ratio0
Dividend0
Producer Manufacturing
Trucks/Construction/Farm Machinery
24.5KCompany History
1988
- The company was incorporated as Inducto Steel Private Limited in the State of Gujarat under the Companies Act, 1956.
1989
- The company started commercial production of steel castings and ingots.
- The company made a cash profit of Rs. 18.03 Lacs in its first year of operation.
1994
- The company was converted into a Public Limited Company by passing a Special Resolution.
1995
- The company obtained a fresh certificate of Change of Name from Registrar of Companies, Gujarat, Ahmedabad.
- The company became a partner in M/s Hariyana Impex, engaged in merchant exports, with a 15% share.
2007
- The company recommended an Equity Dividend at 5%.
2009
- The company purchased a OBO Ship named M.V. AUGUSTA weighing 17411.90 M.T. from Karina Shipping Ltd for US$ 4.34 million for ship breaking activity.
- The company purchased a Panamax Bulk Carrier Ship named M V LANCELOT weighing 11497 M.T. from Baltanas Shipping Ltd for US$ 2.78 million for ship breaking activity.
2012
- The company recommended a dividend on Equity shares at Rs. 3/- per Share.
2013
- The company office shifted to 156, Maker Chambers VI, 220, Jamnalal Bajaj Marg, Nariman Point, Mumbai - 400 021.
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