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Vaswani Industries Ltd logo

Vaswani Industries Ltd

NSE: VASWANI BSE: 533576

₹54.04

(0.28%)

Sat, 30 May 2026, 05:44 pm

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Company History

2003

  • The company was incorporated under the Companies Act, 1956.

2004

  • The company obtained Certificate of Business Commencement.
  • The company installed its first kiln of 1x100 TPD sponge iron and commenced production.

2005

  • Kiln I and Kiln II of the sponge iron unit commenced production.
  • The company expanded its Sponge Iron capacity to 2x100 TPD.

2007

  • The company commenced power generation of 7.5 MW.
  • The company installed 3 Induction Furnaces for manufacturing Steel Billets and Ingots.
  • The company commenced production of Steel.

2009

  • The company started selling surplus power to private power companies and the Chhattisgarh State Electricity Board.
  • The company expanded its Sponge Iron capacity to 3x100 TPD.

2010

  • The company enhanced its power generation capacity to 11.5 MW.
  • Kiln III of the sponge iron unit commenced production.

2011

  • Vaswani Industries gave a bonus in the ratio of 1:4.
  • The company commenced additional power generation of 4MW.

2016

  • Vaswani Industries Ltd increased its Authorized Share Capital from Rs. 30,00,00,000 to Rs. 35,00,00,000.