|Incorporation and Initial Progress:
The company was originally incorporated as Vikash Metal Private
Ltd. on 4th July, 1996 and later converted into a public limited
company as Vikash Metal Limited vide fresh certificate of
incorporation dated 13th December, 2002 and was subsequently
renamed as Vikash Metal & Power Limited on the 22nd of
Important events in the History of the Company are as follows:
1997 Profit in the very first year of incorporation
2002 Converted into public limited company and alteration of
Memorandum of Association and fresh certificate of
2003 From being a company which traded in dolomite and iron
and steel products, the company ventured into
manufacture of sponge iron and the 1st Kiln with a capacity
to produce 100 TPD was commissioned.
2004 Commencement of Production of Kiln II in June 2004.
-Vikash Metal & Power Limited has informed that the Company has appointed Miss Ruchika Jain as the Company Secretary and Compliance Officer of the Company with effect from December 01, 2006.
-Vikash Metal & Power Ltd has informed that the Company has inked an MOU with the Bihar State Electricity Board (BSEB) for execution of 2X250MW thermal project in Begusarai on June 16, 2007.