|₹9.3 / ₹3.13
Ashoka Metcast Limited was incorporated as 'Tanya Estate Private Limited' on July 29, 2009. The company had in its earlier years began to develop real estate, infrastructure and land plotting vertical; however; due to unforeseen circumstances and changes in market dynamics the real estate business division faced delays in execution of its plans and eventually could not complete the proposed acquisition and related plans. Hence the company was thereafter non-operative for since incorporation and has been over time looking to re-align its business model and financial allocations. The Company has changed its main objects on July 20,2017 and the name was changed to 'Ashoka Metcast Private Limited' on September 13, 2017. Further the status of the company was changed to a public limited company by a special resolution passed at a shareholders' meeting on October 23, 2017 and consequently name of the Company was changed to 'Ashoka Metcast Limited' on November 09, 2017. The company is currently engaged in trading and manufacturing of structural steel products like TMT bars, angles, channels, MS Bars etc. Further the company has recently acquired 100% stake in Shree Ghantakarna Rolling Mills Pvt. Ltd.