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Kalyani Steels Ltd

NSE: KSL BSE: 500235

₹701.75

(-0.31%)

Sun, 15 Mar 2026, 01:13 am

Company History

1973

  • The company was incorporated on 28th February at Pune.
  • The company was promoted by Mr. B.N. Kalyani.
  • The Company manufactured mild steel/carbon/alloy steel ingots and billets and chemicals.

1979

  • The company entered into a technical and management consultancy contract with Gulf Venture, Company at Doha, Qatar.

1981

  • The Company promoted a new company, Kalyani Brakes Ltd., to manufacture hydraulic brakes and brake systems.

1982

  • The Company received a letter of intent for the manufacture of additional steel.
  • The Company negotiated with Hiremates Chemicals Ltd. to run its chemical manufacturing unit.
  • The Company undertook to set up a seamless pipe project at Baramati.

1983

  • Chakrapani Investment & Trader Ltd. and Suryamukhi Investment & Finance Ltd. became wholly owned subsidiaries.
  • The Company issued bonus equity shares in the proportion 1:2.

1984

  • The manufacture of chemicals was undertaken on a pilot project basis.
  • The Company offered equity shares at par for public subscription.

1985

  • Laddle Furnace Vacuum Degassing Equipment was installed.
  • The Company issued secured non-convertible redeemable debentures at par.

1986

  • The company installed an ultra high power furnace for ferrous and non-ferrous casting manufacturing activity.

1987

  • The Company undertook installation of electro-slag refining facility and continuous casting unit.
  • The Company issued equity shares at par for the benefit of Senior Executives.

1989

  • Certain subsidiaries ceased to be subsidiaries with effect from 12th October.
  • The Company issued bonus equity shares in the proportion 1:1.

1990

  • The Company offered secured redeemable partly convertible debentures to equity shareholders and employees.
  • The Company issued bonus equity shares in the proportion 1:1.

1991

  • The Company allotted secured redeemable non-convertible debentures to financial institutions.

1992

  • The Cold Pilger mill HPT 90 and HPT 55 were installed.
  • The Company undertook to set up facilities for threading and coupling of seamless pipes.
  • The company offered fully convertible debentures on Rights basis.
  • The Company offered non-convertible debentures on Rights basis.

1994

  • The Company offered Rights equity shares at a premium of Rs 50 per share.

1995

  • The Company embarked upon an integrated steel making project at village Ginegera, dist. Raichur in Karnataka.
  • Kalyani Ferros Industries Ltd. set up a project for manufacturing pig iron.
  • A carbon and alloy steel plant was set up with a capacity of 2,90,000 tpa.

1997

  • The Company entered into a joint venture agreement with Carpenter Technology Corporation, USA.

1998

  • The company fully implemented the cost-effective Carbon and Alloy Steel project.
  • Trial runs of the Hospet Project showed good results.

1999

  • Crisil downgraded the rating of Kalyani Steels Ltd's non-convertible debenture issues.
  • Kalyani Steels exported its first consignment of high value-added special steel to the US.
  • The company manufactured high value-added steels for world markets.

2000

  • Kalyani Steels Ltd set up a new plant at Ranjangaon to manufacture higher alloy steel grades.
  • Kalyani Carpenter opened its first steel services centre in Pune district.
  • Kalyani Steel, Tisco, and Steel Authority of India formed a joint venture for e-commerce activities.
  • The Company acquired equity shares of Hikal Chemical Industries Ltd.

2001

  • Kalyani Steel sold equity shares of Bharat Forge Ltd and Kalyani Carpenter Special Steel to KSL Holdings.
  • The management transferred its entire holding in Bharat Forge and Kalyani Carpenter Special Steels to KSL Holdings.

2003

  • Shareholders approved the scheme of arrangement between Kalyani Ferrous Industries Ltd. and the Company.

2004

  • Kalyani Steels forged an alliance with Gujarat NRE.

2007

  • Kalyani Steels Ltd entered into a Joint Venture Agreement with Gerdau S.A., Brazil.

2008

  • Kalyani Steels Ltd recommended a Dividend of 40% on the Equity Share.

2010

  • Kalyani Steels Ltd recommended a Dividend of Rs. 1.25 per Equity Share.

2011

  • Mr. Arun P. Pawar was appointed as an Additional Director of the Company.
  • Kalyani Steels Ltd recommended a Dividend of Rs. 2 per Equity Share.

2012

  • Kalyani Steels Ltd recommended a dividend of Rs. 1 per equity share of Rs. 5 each.

2013

  • Kalyani Steels Ltd recommended a dividend of Rs. 1.50 per Equity Share of Rs. 5 each.

2014

  • Kalyani Steels Ltd recommended a dividend of Rs. 3 per Equity Share of Rs. 5 each.

2020

  • The company started its production facility at Village Ginigera, Taluka & District Koppal, Karnataka.

2024

  • Kalyani Steels Limited acquired the assets of Kamineni Steel & Power India Private Limited.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800