Rathi Steel & Power Ltd
Rathi Steel & Power Ltd Company History
Rathi Steel & Power is engaged in the business of Steel and Steel related products.
2001
Start of production of TMT bars under "THERMEX" technology.
2001
2003
The Company has recommended a dividend @ 10% on the equity shares of the company ie Rs 1 per share, total amounting to Rs 4.637 million.
2003
2004
The Company has recommended a dividend @ 10% (i.e. Re 1/- per share) on the equity shares of the Company.
2004
2005
The Company Expanded the installed capacity from 95,000 TPA to 1,25,000 TPA.
Installation of High Speed No Twist Block Mill for producing high quality wire rods.
The Company Signed an MoU with the Government of Orissa for setting up an Integrated Steel Plant at Sambalpur District.
Company also appointed OSIL as a Technical Consultant to supply know-how, basic engineering, detail engineering and rendering services for training & commissioning assistance.
Installed Steel Melting Shop of 40,000 TPA.
The Company has received sanctions from Bank of Baroda (BoB) and Syndicate Bank for its upcoming Integrated Steel Plant at Sambalpur (Orissa).
2005
2006
Commencement of Production of Alloys Steel/Stainless Steel.
2006
2007
The Company has recommended dividend of 5%.
2007
2008
Company name has been changed from Rathi Udyog Ltd to Rathi Steel & Power Ltd.
The Company has recommended dividend @ 5%
2008
2009
The Company has proposed Dividend @ Rs. 0.30 (3%) per share.
2009
2010
The Company has approved a Dividend @ Re 0.30 (3%) per share
2010
2011
The Company has recommended a dividend @ 3% (i.e. Re. 0.30) per share.
2011
2014
The Registered office of the Company has been shifted from old location to Chauhan Market, Madanpur Khadar, Near Local Shopping Complex, Pocket-D & E, Santa Vihar, New Delhi - 110076, Telephone/Fax Number: 011-26991063.
2014
