Sathavahana Ispat Ltd
Sathavahana Ispat Ltd Company History
Sathavahana Ispat is engaged in the manufacture of ferrous products, Metallurgical Coke with Co-generation of Power. The ferrous products plant is in Anantapuram District of Andhra Pradesh and the Metallurgical Coke with Co-generation Power facility is in Bellary District, Karnataka. A major portion of Metallurgical Coke is captively used for manufacture of ferrous products. The Company's turnover is mainly from domestic markets.
2003
Shareholders have approved to delist company's equity shares from the Ahmedabad and Madras Stock Exchanges
2003
2004
Commissions non-recovery type metallurgical coke oven batteries with installed capacity of 1,50,000 MTPA at its existing site wef March 1, 2004 for its captive requirements of metallurgical coke
Sathavahana Ispat delisted from Ahemedabad & Madras Stock Exchange
2004
2005
Sathavahana Ispat commences works on Green Field Project
Sathavahana Ispat has recommended a dividend of 12%
2005
2006
Sathavahana Ispat enters into Power Purchase Agreement with PTC India
Shri K Thanu pillai has been appointed as Chairman of the Board of Directors of the company.
2006
2007
Sathavahana Ispat has recommended a dividend of 10%
2007
2008
Sathavahana Ispat has recommended a dividend of 15%
2008
2009
Sathavahana Ispat recommended a dividend of Rs.1.50 per share
2009
2010
Sathavahana Ispat recommended a dividend of Rs.1.50 per share
2010
2011
Sathavahana Ispat recommended a dividend of Rs. 1.80 per Share (18%)
2011
2013
Company has re-commissioned Blast Furnace and resumed production of Pig Iron.
2013
2019
Company Has Entered An Agreement To Operate, Maintain And Manage The Manufacturing Facilities With Jindal saw ltd.
2019
2023
Hyderabad-based Sathavahana Ispat Limited has been merged with steel pipes maker Jindal SAW through an insolvency process.
2023
