The Comp. was incorporated on 20th April 1992 under the name Alandi Metapress Pvt. limited The Comp. was converted to a public limited Comp. on 30th June 1993. The name of Comp. was then changed to Rishi Laser Cutting Limited to have a group synergy & the certificate of change of name was obtained on 6th July 1993.
The Comp. after incorporation was negotiating with suppliers of machinery & also evaluating the advantages of various laser machines before selecting the present machinery. Therefore the Comp. couldn't go into production though incorporated in 1992.
The Comp. has set up a laser workshop at Pune for manufacturing components used in engineering, compressors, automobile, electronics, machine tools, food processing & textile industry. Besides the laser cutting machine imported from M/s. Trumpf GmbH and Co., of West Germany, the Comp. has installed several indigenous machines such as power press, press brakes, lathes etc to provide the customers with a advantage of getting fully finished ready to fit components.
The Comp. is also setting up a Heavy Press Shop close to the Laser Shop by installing two presses of 500 T capacity each & one press of 350 T capacity.
2007
-Rishi Laser Cutting Ltd has informed that the name of Comp. has been changed from 'M/s. Rishi Laser cutting Ltd' to 'M/s. Rishi Laser Ltd'.