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Vikash Metal & Power > Company History > Steel - Sponge Iron > Company History of Vikash Metal & Power - BSE: 532677, NSE: VIKASHMET
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Vikash Metal & Power

BSE: 532677|NSE: VIKASHMET|ISIN: INE158H01013|SECTOR: Steel - Sponge Iron
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Vikash Metal & Power is not traded in the last 30 days
Vikash Metal & Power is not traded in the last 30 days
Company History - Vikash Metal & Power
Incorporation and Initial Progress:
 
 The company was originally incorporated as Vikash Metal Private 
 Ltd. on 4th July, 1996 and later converted into a public limited 
 company as Vikash Metal Limited vide fresh certificate of 
 incorporation dated 13th December, 2002 and was subsequently 
 renamed as Vikash Metal & Power Limited on the 22nd of 
 December 2003.
 
 Important events in the History of the Company are as follows:
 
 Year             Events
 
 1996            Incorporation
 1997            Profit in the very first year of incorporation
 2002            Converted into public limited company and alteration
 of
                     Memorandum of Association and fresh certificate
 of 
                     incorporation.
 2003            From being a company which traded in dolomite and
 iron 
                     and steel products, the company ventured into 
                     manufacture of sponge iron and the 1st Kiln with
 a capacity 
                     to produce 100 TPD was commissioned.
 2004            Commencement of Production of Kiln II in June 2004.
 
 2006
 
 -Vikash Metal & Power Limited has informed that the Company has
 appointed Miss Ruchika Jain as the Company Secretary and Compliance
 Officer of the Company with effect from December 01, 2006.
 
 2007
 
 -Vikash Metal & Power Ltd has informed that the Company has inked an
 MOU with the Bihar State Electricity Board (BSEB) for execution of
 2X250MW thermal project in Begusarai on June 16, 2007.
 
 2011
 
 -The company Recommended payment of dividend @ 2.5% i.e. Rs. 0.25 per
 equity share of Rs.10/- each.
Source : Dion Global Solutions Limited
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