Company History - Srikalahasthi Pipes
Lanco industries was incorporated in the year 1991. It has two main
products - pig iron and slag cement.
Commercial production at the pig iron plant in Tirupathi started in
Sept. 1994. Capacity utilisation is 95.4% of rated capacity for
The company's captive power plant was commissioned in Feb 1995. For
the year 1996-97, the company produced 24.8 MW internally which was
88% of its total consumption.
The company has a downstream 70,000 TPA Slag cement plant, 50% of
input coming from the pig iron plant. Commercial production started
in April 1996. Capacity utilisation is 47.39% of rated capacity for
The company raised Rs. 454.73 lacs through a Rights issue of 1:5
during the year 1995-96 for its expansion/diversification into
2001 - The Company has signed an agreement with CDSL, NSDL and Aarthi
Ltd., Hyderabad, for dematerialisation.
2002-Lanco Industries Ltd has informed that Shri L Madhusudhan Rao
the present Managing Director has resigned from the position of MD of
the company and the Board has accepted the resignatio and also
appointed Sri Gowri Shankar Tekriwal as Managing Director subject to
the approval of shareholders and financial institutions.
-Lanco signs MoU for Chhattisgarh project with UK firm
-Commissioning of 150,000 TPA coke oven plant.
-Setting up of Captive Power Plant of 12 MW by using the waste heat
recovered from the coke oven plant.
-Capacity of D.I.Pipes was further increased from 90,000 TPA to
1,20,000 TPA and the 12 MW Waste Heat Recovery Based Co-Generating
Captive Power Plant was set up, which started generating power
-Stamp Charging System was successfully implemented at Coke Oven
Plant for producing quality metallurgical coke at a lower cost.
- Shri. Mayank Kejriwal has been appointed as Managing Director of
-Company implemented ERP system (SAP) to support business process and
effective resource planning and management.
-Capacity of D.I. Pipes was increased from 1,20,000 TPA to 1,80,000
-Capacity of Mini Blast Furnace (MBF) for production of Liquid
Metal/Pig Iron was enhanced from 150,000 TPA to 225,000 TPA and also
the capacity of DI Pipes was enhanced from 180,000 TPA to 225,000 TPA
with a capital outlay of about Rs.45 Crores.
-Shri S.Y.Rajagopalan was appointed as an Additional Director on the
Board of Directors of the Company
-Shri K. Rajendra Prasad was appointed as Nominee Director on the
board of the company by APIDC
-Lanco Industries Ltd has informed that Mr. Atosh R. Surana, Sr.
General Manager - Finance who is also a Member of The Institute of
Company Secretaries of India has been appointed as Company Secretary
and Compliance Officer of the Company.
-Lanco Industries Ltd has informed that the Board of Directors of the
Company has recommended a dividend of Rs. 1.50 (15%) per share for the
year ended March 31, 2014.
-Srikalahasthi Pipes Ltd has informed that the name of the Company
has been changed from Lanco Industries Ltd. to Srikalahasthi Pipes
Ltd. with effect from September 29, 2014.
-Srikalahasthi Pipes bags orders for supply of iron pipes.