Our Company was originally incorporated as a Private Limited Company under the name ÂKasturi Metal Composite Private Limited under the Companies Act, 1956 at Amravati, pursuant to a certificate of incorporation dated November 24, 2005 bearing CIN U28900MH2005PTC157553 issued by the Registrar of Companies, Mumbai. Subsequently, pursuant to Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting held on December 26, 2023 our Company was converted into a Public Limited Company and consequently the name of our Company was changed from ÂKasturi Metal Composite Private Limited to ÂKasturi Metal Composite Limited vide a fresh certificate of incorporation dated March 19, 2024, issued by the Registrar of Companies, Central Registration Centre. Our CompanyÂs Corporate Identity Number is U65465MH2005PLC157553. Major Key Events, Milestone and Achievements: 2005 - Incorporation of the Company to manufacture steel fibers for the growing concrete reinforcement market. 2006-07 - Acquired Unit I situated at D-13/1, MIDC, Amravati, Maharashtra, India, 444605. 2010 - Expanded into steel wool fibers, diversifying into automotive and industrial applications. 2014 - Achieved ISO 9001:2015 certification, cementing our commitment to quality - Our Company has acquired the running business of ÂKasturi IndustriesÂ, a Partnership firm on Going Concern basis. 2015 - Acquired Unit II situated at A 30/3/1, MIDC Amravati, Maharashtra, India, 444605. 2020 - Began export operations, marking our foray into international markets. 2021 - Set up of Unit III, A-98, MIDC, Amravati, Maharashtra, India, 444605 2024 - Our Company acquired 98% of capital of M/s Durafloor Concrete Solutions LLP, making Durafloor Concrete Solutions LLP subsidiary of our company - Conversion of the Company from Private Limited to Public Limited Company. |
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