The company is promoted by Shri Radheshyam Maheshwari and Shri Mahesh
 Chokse.
 
 The company was incorporated on 18th September, 1985 as Private
 Limited company in the name of Pithampur Steels Private Limited in
 the State of Madhya Pradesh under the Companies Act, 1956 and became
 a deemed Public Limited Company Under Section 43-A(1A) on 1-4-1990.
 Subsequently it was converted into a Public Limited Company by
 passing a Special Resolution by the shareholders in its Extra
 Ordinary General Meeting held on 18-2-1992 and obtained certificate
 of the changed status from Registrar of Companies, Gwalior in respect
 thereof.
 
 After incorporation of the company the Board of Directors remained
 involved in work relating to preparing the Project Report, getting
 the Clearances, arranging of finance, procuring machineries and other
 implementation work. There after the project was put on stream and the
 company commenced production of MS light structurals on 16th March,
 1987. During the first accounting year ended on 31.12.1987, the
 company achieved a turnover of Rs.311.64 lacs and incurred a net loss
 of Rs.17.96 lacs. The next accounting year was of 15 months, which
 ended on 31.3.1989.
 
 2010
 
 -Company has changed its name from Pithampur Steels Ltd. to Nardhana
 Infrastructure Ltd.