SHYAM METALICS AND ENGY L Share price

The Company was incorporated as Shyam DRI Power Limited on December 10 2002 at Kolkata West Bengal India as a public limited company under the Companies Act 1956. The name of the Company was changed to Shyam Metalics and Energy Limited vide special resolution passed by the Shareholders on November 23 2009 and a fresh certificate of incorporation consequent upon change of name of the Company was issued by the RoC on January 5 2010. The name was changed to reflect the principal business activities of the Company.Major events and milestones of the Company :2013- Sambalpur manufacturing plant* Backward integration by starting commercial production of iron pellets plant with capacity of 300000 TPA- Jamuria manufacturing plant* Backward integration by starting commercial production of iron pellets plant with capacity of 480000TPA* Expanded capacity of sponge iron plant (1) by 36000 TPA Forward integration by starting the commercial production of billets (2) with capacity of 79200 TPA2014- Sambalpur manufacturing plant* Expanded capacity of ferro alloy products(3) by 33 MVA equivalent to 51333 TPA with aggregate capacity of 98000 TPA* Expanded capacity of sponge iron plant(1) by 33000 TPA- Jamuria manufacturing plant Established captive railway siding2015- Sambalpur manufacturing plant* Operationalizing of captive railway siding- Jamuria manufacturing plant* Commissioning of another captive power plant of 43 MW taking aggregate capacity to 64 MW* Expanded capacity of sponge iron plant (1) by 194400 TPA with aggregate capacity of 325800 TPA* Expanded capacity of billets(2) by 50400 TPA Expanded capacity of ferro alloy products(3) by 9 MVA equivalent to 14000 TPA with aggregate capacity of 56400 TPA2016- Sambalpur manufacturing plant* Expanded capacity of billets(2) by 84480 TPA with aggregate capacity of 274560 TPA- Jamuria manufacturing plant* Expanded capacity of iron pellets plant by 120000 TPA with aggregate capacity of 600000 TPA Expanded capacity of billets(2) plant by 72000 TPA with aggregate capacity of 201600 TPA2017- Sambalpur manufacturing plant* Expanded capacity of sponge iron plant (1) by 330000 TPA with aggregate capacity of 627000 TPA* Expanded capacity of billets(2) by 63360 TPA with aggregate capacity of 337920 TPA Combined annual capacity of all plants including all intermediate products reached ~2.90 MTPA2019- Sambalpur manufacturing plant* Expanded capacity of sponge iron by 165000 TPA with aggregate capacity of 792000 TPA* Expanded capacity of billets by 63360 TPA with aggregate capacity of 401280 TPA* Expanded capacity of tmt by 60000 TPA with aggregate capacity of 210000 TPA* Expanded capacity of wire rod by 200000 TPA with aggregate capacity of 410000 TPA- Jamuria manufacturing plant* Expanded capacity of sponge iron by 99000 TPA with aggregate capacity of 422400 TPA* Expanded capacity of billets by 168960 TPA with aggregate capacity of 396000 TPA* Expanded capacity of long products (tmt and wire rod) by 106992 TPA with aggregate capacity of 210000 TPA* Expanded capacity of captive power plant by 30 MW with aggregate capacity of 94 MW* Expanded capacity of ferro alloy products by 9 MVA equivalent to 14000 TPA with aggregate capacity of 70000 TPA2020- Sambalpur manufacturing plant* Expanded capacity of pellet by 900000 TPA with aggregate capacity of 1200000 TPA.* Expanded capacity of captive power plant by 33 MW with aggregate capacity of 118 MW- Jamuria manufacturing plant* Expanded capacity of pellet by 600000 TPA with aggregate capacity of 1200000 TPA* Expanded capacity of sponge iron by 115500 TPA with aggregate capacity of 537900 TPA* Expanded capacity of billets by 95040 TPA with aggregate capacity of 491040 TPA Expanded capacity of long products (TMT and wire rod) by 200000 TPA with aggregate capacity of 410000 TPA- Combined annual capacity of all plants including all intermediate products reached ~5.71 MTPAAwards Accreditations and Recognition :2019- Renewed certification from DNV GL Business Assurance UK Limited in relation to the quality management standard ISO 9001:2005 for the Sambalpur manufacturing plant- Renewed certification from DNV GL Business Assurance UK Limited in relation to the environmental management standard ISO 14001:2015 for the Sambalpur manufacturing plant- Renewed certification from DNV GL Business Assurance UK Limited in relation to the environmental management standard ISO 14001:2015 for the Jamuria manufacturing plant- Renewed certification from DNV GL Business Assurance UK Limited in relation to the quality management standard ISO 9001:2005 for the Jamuria manufacturing plant- Achieved a 4.5 star rating in 2019 in the ‘large scale category’ of Energy Conservation Awards CII Eastern Region.