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Kanishk Steel Industries Ltd. Company History and Annual Growth Details

Kanishk Steel Industries Ltd., was originally incorporated as Kanishk Steel Industries Pvt.Ltd on 1st March 1989. The company was converted as a Public Limited Company on 24th April 1992.The Company is promoted by O.P. Gupta family, which has established steel related business in Madras and Salem in Tamil Nadu and in Ghaziabad.

The Company commenced commercial production in November, 1991.The company is engaged in the manufacture of wide rods in different carbon ranges, spring steel flats etc.The company has also plans to set up a wind farm for generating power at a total cost of Rs.20.00 crores.

2005

-Kanishk Steel Industries has formed M/s. Steel Firm, an excusive steel consortium to market Company's range of products for the entire Tamil Nadu.

-The company integrates two of its group companies O P Steels and Avanti Oil & Steel Industries Private Limited with itself.

-Kanishk Steel Industries Ltd has purchased an 8-year-old 1.5-lakh tonnes steel re-rolling plant from Lamifer of Italy.

2006

-Kanishk Steel secures ISO 9001:2000 certification

2007

-Kanishk Steel Industries has recommended a Final Dividend of 6%.

2008

-Kanishk Steel Industries has recommended a dividend of 6%.

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