No results for ‘’
NSE: undefined BSE: undefined
₹-
(-%)
Fri, 18 Sept 2026, 09:43 am
Company History
1972
- The Company was incorporated on 3rd August, in Maharashtra as a private limited company.
- The Company's object is to manufacture steel ingots from scrap and other steel items.
- Mukand Iron & Steel Works, Ltd. agreed to give technical assistance for the manufacture of steel ingots and other semi-finished products.
- 1,60,000 shares were taken up by promoters, directors, etc.
1973
- The Company was converted into a public limited company on 17th January.
- 2,40,000 shares were offered at par to the public in February.
1981
- Forfeiture on 50 shares was annulled.
1984
- Profits declined marginally due to lower sales realisation in the first quarter of the year and higher input costs.
1985
- 2,00,000 rights shares were issued at par in the ratio of 1:2.
1987
- Chudiwala Steels, Ltd. Pondicherry, became a subsidiary of the Company.
1988
- The name of the subsidiary, Chudiwala Steels, Ltd., was changed to East Coast Steel Ltd.
- 6,00,000 rights shares were issued at a premium of Rs.10 per share in the ratio of 1:1.
- Additional 90,000 shares were allotted to retain oversubscription.
- 4,500 shares were allotted to employees at a premium of Rs.10 per share.
1992
- The company issued 7,19,165-15% fully convertible debentures of Rs.55 each at par to the shareholders on rights basis.
- Additional 1,07,721 debentures were allotted to retain oversubscription.
- 35,835 - 15% fully convertible debentures were issued to the employees of the company.
2008
- Western Ministil designated an E-mail ID for Investors Complaints: [email protected]