Kalyani Steels Ltd
NSE: KSL BSE: 500235
₹701.75
(-0.31%)
Sun, 15 Mar 2026, 01:13 am
Market Cap30.85B
PE Ratio11.50
Dividend1.41
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