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Panchmahal Steel Ltd

NSE: PANCHMSTEL BSE: 513511

₹301

(1.55%)

Sat, 26 Sept 2026, 00:10 pm

Company History

1972

  • Panchmahal Steel Limited was incorporated as a Private Limited Company.

1976

  • A winding up petition was filed by the creditors.
  • The Gujarat High Court sanctioned the takeover of PSL by Mr.R.L.Malhotra and Mr.Ashok Malhotra.

1981

  • The method of casting of billets was changed from ingot casting to continuous casting.

1982

  • Rolling facilities were set up.

1986

  • Secondary refining facilities such as ladle furnace and argon secondary metallurgy were commissioned.
  • The company switched over from production of mild steel to carbon, alloy and stainless steel.

2001

  • The Company allotted 60,00,000 equity shares to the promoter/promoter group on a preferential basis.

2003

  • Mr Deepak Nagar was appointed as Company Secretary and Compliance Officer.

2005

  • Shri Hanish Malhotra was appointed as an Additional Director of the Company.
  • Shri Pradeep Sharma was appointed as a Wholetime Director of the Company.

2006

  • Shri Hanish Malhotra was appointed as a Wholetime Director of the Company.

2008

  • Panchmahal Steel successfully commissioned the New Steel Melting Shop.

2010

  • Panchmahal Steel recommended a dividend of Rs. 2 per share.

2011

  • Panchmahal Steel recommended a dividend of Rs. 2.50 per share.

2012

  • Panchmahal Steel recommended a dividend of Rs. 2.50 per share.

2013

  • Panchmahal Steel recommended a dividend of Rs.1.25 per equity share.

2015

  • Panchmahal Steel Ltd changed the address of its RTA to MCS Share Transfer Agent Limited.