|The company was incorporated as Private Limited Company, under the name Shah Alloys Pvt. Ltd. on 23rd November 1990, in State of Gujarat. The name was subsequently changed to Shah Alloys Ltd., when it was converted into a Public Limited Company on 23-4-1992.
The company was incorporated with the main object of manufacturing of Alloy Steel Casting, Carbon and Manganese Steel Castings, Ingots and Billets. The Company's plant is situated at village Santej, Tal-Kalol, Dist.Mehsana, Gujrat.
Now the company proposes to increase its present capacity of 15000 MT PA to 45000 MT PA by installing latest technological Plant and machineries.
Under the present Licensing Policy of the Government of India, the company does not require any license. It has to get only a Reference Number from the Ministry of Industry in acknowledgement of Memorandum of Information submitted by the company. Accordingly, registration No.166(91) dt.21st Feb. 1991 has been issued by the Department of Industrial Development for installation of plant for manufacturing of Steel Castings, Alloy Steel casting and cast iron castings, excluding manhole covers, flangers, Pipes, ingots, billets, slabs, blooms and blanks upto 80000 MT p.a.
-Shah Alloys has recommended divdend @ 10%
-Shah Alloys has recommended bonus shares in the ratio 1:1
- Shah Alloys has recommended dividend of 10%
-Shah Alloys Ltd has appointed Mr. Bhagavatsingh Rawat as a Joint Managing Director of the Company.
- Shah Alloys Ltd has appointed Shri. K. S. Kamath as a Jt. Managing Director of the Company.
-Shah Alloys became a professional member of Indian Energy Exchange Ltd and Company have started trading of power on the exchange.
-Shri Bhaskar Ghosh has been appointed as Additional Director.