Commencement of Commercial Production at “Ute Mayr Steel Service Centre” for Steel Pickling, Slitting and cut to length at Dappar Unit of the Company.

    This is to inform you that keeping in view the stringent quality requirement of Automobile Industry, the Company has put up a most modern and high-tech Steel Process unit named “Ute Mayr Steel Service Centre” at Dappar unit (Punjab) of the Company, for Steel Pickling, Slitting and Cut to Length with a monthly processing capacity of 20,000 Ton Steel.

    Apart from captive consumption, the Company will be undertaking steel processing of reputed steel manufacturing like Tata Steel Limited and JSW etc.

    The Company has commenced commercial production at the aforesaid service centre w.e.f 31st March, 2016.

    This may kindly be treated as compliance with Regulation 30 of the SEBI (Listing Obligation and Disclosure requirements) Regulations, 2015.

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