RAMSARUP INDUSTRIES LIMITED
Metal wire
Company Overview and History
Ramsarup Industries Ltd. is a prominent entity within the Ramsarup Group, which was established in 1966. The group positioned itself as an emerging business force, aiming for leadership within its operational domains. The company's vision extends to contributing to India's infrastructure development and industrial growth.
Core Business Activities
The company's operations span several critical sectors. In infrastructure development, Ramsarup Industries Ltd. has been involved in significant projects, including the laying of sewerage lines and water pipes in districts like Jhunjhunu and Nagore in Rajasthan, securing substantial orders from entities such as RUIDP. The company has also participated in power infrastructure initiatives, undertaking Feeder Renovation Programmes under various Discoms, such as Jodhpur Discom. This demonstrates their capability in utility infrastructure and power distribution networks. Furthermore, their involvement in the power sector extends to contributions to the transmission network, aligning with national goals for inter-regional power transfer and trading.
Manufacturing and Power Generation
Beyond infrastructure, Ramsarup Industries Ltd. ventured into manufacturing and power generation. A notable achievement includes the commencement of production at its 500 TPD Direct Reduced Iron (DRI) plant and a 20 MW Captive Power Plant in Kharagpur, West Bengal. The captive power plant was designed to generate significant monthly revenue, highlighting the company's integrated approach to industrial operations and energy self-sufficiency.
Corporate Governance and Current Status
The company has maintained transparency regarding its corporate governance, with regular Annual General Meeting (AGM) reports and scrutinizer reports made publicly available. Recent disclosures also indicate that Ramsarup Industries Limited has been undergoing processes related to the National Company Law Tribunal (NCLT), managing financial restructuring and stakeholder claims. This reflects an ongoing commitment to addressing corporate obligations and navigating complex financial landscapes, while continuing to engage with its creditors and stakeholders through formal legal frameworks.
