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History of Ruchi Strips and Alloys Ltd.

The Comp. was incorporated on 18th June, 1987 as a Public Limited Comp. under the name of Ruchi Metals Limited & Certificate of Commencement of Business was obtained on 19th november, 1987. Pursuant to the resolution passed at the extra Ordinary General Meeting of Members of Comp. held on 6th October,1989, the name of Comp. was Changed to Ruchi Strips and alloys ltd. & a fresh cerftificate of incorporation was obtained from the Registrar of Companies, Maharashtra at Bombay on 7th November,1989.

The Comp. has been promoted by Ruchi Soya Industries Limited [RSILs], Madhya Pradesh Audyogite Vikas Nigam Limited [MPAVMs] & others.

The main object of Comp. is to carry on the business of manufacturing & dealing in ferrous & non-ferrous metals & extrading cold-rolling & hot-rolling of ferrous & non-ferrous metals.

The Comp. proposes to set up a plant for manufacture of Cold Rolled Steel Coils/Strips with an installed capacity of 50000 TPA. The project is being set up in a 'C' category backward area at village, Sejwaya ghatabillod, District Dhar in Madhya Pradesh.

2007

-Ruchi Strips and Alloys Ltd has informed that the securities of Comp. have been delisted from The Madhya Pradesh Stock Exchange Ltd [MPSEs] with effect from March 24, 2007.

2008

- Ruchi Strips and Alloys Ltd has appointed Mr. Arvind Mishra as Whole time Director of Comp. with effect from March 25, 2008.