YEAR                                                    EVENTS
 1968 - The company was incorporated on 4th May, at Rajasthan.  It
 manufactures metal 
               products like high carbon and alloy steel strips (both
 hot rolled and cold rolled), 
               alloys, saws, blades, sheet metal etc.
 
 1970 - The company had entered into a technical collaboration
 agreement with Hoesch 
               Werme Hohen Limburg Schwete A.B.(Hoesch), West Germany
 on 2nd December.
 
 1984 - The new cold rolling mill of the company was commissioned from
 1st January. 
 
 1985 - The company's overall operations suffered a set back on
 account of strike by workmen
                for 44 days from 16th, August, to 28th September. 
 
 1986 - The operations received a major set back due to breakdown in
 the company's 1800
              KVA diesel generating set. 
 
           - The company took steps to install balancing facilities to
 improve the productivity in the
               hardening & tempering plant & the same were
 commissioned in July. 
 
 1987  - A new DG engine was installed by replacing the old 1800 KVA
 DG set which has suffered
                a major break-down.
 
 1991 - The company faced a strike from its supervisory staff from
 27th January to 20th February.
 
            - Production of Hardened & Tempered Steel Strips and the
 production of Cold Rolled
              Steel Strips received set back mainly due to
 non-availability of raw material from sole
               Indigenous Supplier namely TISCO as well as due to
 strike by the Supervisory Staff
               and Go Slow tactics/Tool Down resorted to by unionised
 workers during Feb. and March,
               thus resulting into lower production and sales.
 
             - During the year under review, the company faced strike
 from its Supervisory Staff from
                27.1.1991 to 20.2.1991.
 
 1994 - The Company finalised the agreement with its labour union
 during the year. This agreement
               is applicable for the next three years.
 
            - The Company is implementing its
 expansion-cum-modernisation programme and is hopeful
               of starting production on the above in the month of
 July.
 
 1995 - The Company has issued 25,48,700 Nos., 15% Unsecured Fully
 Convertible debentures
              of face value of Rs. 40/- each during the year.
 
           - On conversion of Debentures, the Equity Share Capital
 shall increase by a sum of 
              Rs. 2,54,87,000 divided into 25,48,700 No. of equity
 shares of Rs. 10/-each and share premium
              account by Rs. 7,64,61,000.
 
          - The Company made a Rights-cum-Public Issue of Fully
 Convertible Debentures during
              the year under review for an aggregate amount of Rs.
 1,019.40 lacs.
 
           - The Company commissioned its expansion project in
 November.
 
            - The Company commissioned a project for manufacture of
 Circular Saws as it
               seemed to be an attractive option for increasing the
 value addition.
 
 1996 - The Company is further expanding the capacity of Cold Rolling
 Mill Division by 
              32500 MT per annum by putting one more Rolling Mill at
 its existing manufacturing
               site at Jaipur. 
 
            - The Rs.12-crore non convertible debenture issue of ASIL
 Industries has been 
               downgraded by Crisil from BBB + (moderate safety with
 relatively higher standing) to
               BBB - (moderate safety with relatively lower
 standing).
 
            - Shri H.J. Silverston ceases to be Director of the
 Company with effect from 15.9.1995.
 
            - Shri Pravin Chandra V. Gandhi and Shri Onkar Singh,
 retires from the Board pursuant to
              Section 255 of the Companies Act, 1956 read with Article
 103 of Articles of Association
              of the Company and being eligible offers themselves for
 re-appointment.
 
 1997 - The Company has received during the year ISO 9002
 certification for its Qualify 
              Management system covering production, installation and
 servicing.
 
            - The Company has entered into three years wage agreement
 valid upto March, 
              2000 with its Labour Union.
 
           - Shri S.N.  Khaitan and Shri V.B.L. Mathur, retire from
 the Board pursuant to Section 255
              of the Companies Act, 1956 read with Article 103 of
 Articles of Association of the Company
              and being eligible offer themselves for re-appointment.
 
 1998 -  The Company has commenced the commercial production from new
 Rolling Mill
               from April.   After installation of new Rolling Mill
 the installed capacity of Rolling Mill
               division has increased from existing 10,000 MT to
 40,000 MT per annum.
 
            - The Company has no technical collaboration arrangement
 for manufacturing of 
              Cold Rolled Close Annealled and Hardened & Tempered
 Steel Strips.
 
            - During the year both production and sales of the Company
 suffered due to recession
               in economy, unprecedented currency crisis in the South
 East Asian countries and
               competition from both cheaper imports and un-organised
 sector.
 
            - The Company's profitability was severally affected due
 to lower production, lowering
              of sales prices, high input cost and delay in
 commencement of commercial production
              from new Rolling Mill.
 
          -  After installation of new Rolling Mill the installed
 capacity of Rolling Mill division has
             increased from existing 10,000 MT to 40,000 MT per
 annum.
 
           - Shri Anil Khaitan and Shri Shiv S. Sharma, retire from
 the Board pursuant to Section 255
              of the Companies Act, 1956 read with Article 103 of
 Articles of Association of the Company
              and being eligible offers themselves for
 re-appointment.
 
 1999 - Mr. S.N. Khaitan Chairman of the company passed away on 13th
 May.  He was founder
              of the company and continued on the Board of the company
 till the time of his demise.
 
           - Shri Vijay Karan and Shri Thakur Onkar Singh, retire from
 the Board pursuant to Section
              255 of the Companies Act, 1956 read with Article 103 of
 Articles of Association of the
              Company and being eligible offers themselves for
 re-appointment.
 
 2000 
 
 -The Company Conversion of part of unsecured loan of the promoters
 into equity shares & increase in authorised capital by Rs
 7,30,00,000.
 
 -Crisil has downgraded its rating in respect of the Rs 1-crore NCD
 issue from `B' to `D'.
 
 2005
 
 -Company has changed its name from ASIL Industries Ltd. to Anil
 Special Steel Industries Ltd.  
 
 -Anil Special Steel Splitting of the face value of the equity shares
 from Rs 10/- to Rs 1/- each.     
 
 2008
 
 -Anil Special Steel designated E-mail ID for Investors Complaints:
 cpvaid@anilspecialsteel.com                                  
                                                       
 2012
 
 -Anil Special Steel Industries has given the Bonus in the Ratio of
 1:10