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History of Remi Metals Gujarat Ltd.

The Comp. has been promoted by Shri V.C.Saraf & Shri R.C.Saraf along with the Remi Group of concerns, & their NRI associates, the Doshi Group of Kenya, together with the Gujarat Industrial Investment Corporation Ltd., in the associate sector & Essar Gujarat Ltd., as Non-core Promoter.

Remi Metals Gujarat Ltd., [RMGLs] was incorporated as a Public Limited Comp. under the Companies Act, 1956, in the State of Maharashtra under the name & style of Remi Metals Ltd., Pursuant to a Resolution passed at the Extra-Ordinary General Meeting of members of Comp. held on 23rd January, 1993 the name of Comp. was changed to Remi Metals Gujarat limited The immediate object of Comp. is to implement a Project involving setting up facilities for manufacture of 70,000 tpa of carbon alloy seamless pipes/tubes as also 100,000 tpa of in-house steel manufactuing & rolling capacity.