|The company was incorporated on 18th June, 1987 as a Public Limited Company under the name of Ruchi Metals Limited and Certificate of Commencement of Business was obtained on 19th november, 1987. Pursuant to the resolution passed at the extra Ordinary General Meeting of the Members of the Company held on 6th October,1989, the name of the company was Changed to Ruchi Strips & alloys ltd. and a fresh cerftificate of incorporation was obtained from the Registrar of Companies, Maharashtra at Bombay on 7th November,1989.
The Company has been promoted by Ruchi Soya Industries Limited (RSIL), Madhya Pradesh Audyogite Vikas Nigam Limited (MPAVM) and others.
The main object of the company is to carry on the business of manufacturing and dealing in ferrous and non-ferrous metals and extrading cold-rolling and hot-rolling of ferrous and non-ferrous
The company proposes to set up a plant for the 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.
-Ruchi Strips & Alloys Ltd has informed that the securities of the Company have been delisted from The Madhya Pradesh Stock Exchange Ltd (MPSE) with effect from March 24, 2007.
- Ruchi Strips & Alloys Ltd has appointed Mr. Arvind Mishra as Whole time Director of the Company with effect from March 25, 2008.