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About
Basic Data Updated:
8 days agoSathavahana Ispat Ltd is involved in the production of pig iron, metallurgical coke, ductile iron pipes, and co-generation cum thermal power, according to the credit rating report. The company has the capacity to manufacture 210,000 metric tons per annum of pig iron, 450,000 metric tons per annum of metallurgical coke, and 210,000 metric tons per annum of ductile iron pipes. Additionally, the company operates a co-generation power plant with a capacity of 88 megawatts. The pig iron facility is situated in Haresamudram, Ananthapur district, Andhra Pradesh, while the metallurgical coke-making facility is located in Kudithini, Bellary district, Karnataka.
Industry
Company Details
- Location
Hyderabad, Telangana, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
| CIN/LLPIN/FCRN | L27109TG1989PLC010654 |
| Company No. | 010654 |
| Stock Symbol | BSE : 526093 NSE : SATHAISPAT |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 08 Nov 1989 |
| Date of AGM | 29 Dec 2020 |
| Date of Balance Sheet | 31 Mar 2020 |
| Listing Status | Listed |
| ROC Code | Roc Hyderabad |
Products or Services related to Sathavahana Ispat Ltd.
Iron Pipe
Ductile Iron Pipe
Metallurgical Coke
Power Engineering Service
Financials of Sathavahana Ispat Ltd.
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Corporate Structure
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People in Sathavahana Ispat Ltd.
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Executive Team (2)
NA
Naresh Adusumilli
Managing DirectorAppointment Date: 01-Jun-2009
Status: Current
SV
Srirama Vedula CFOAppointment Date: 14-Feb-2019
Status: Current
Board Members(7)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 04 May 2009 | ₹5.62 M | Satisfied |
Kotak Mahindra Bank Ltd Creation Date: 26 May 2004 | ₹2.23 M | Satisfied |
Kotak Mahindra Fiance Ltd Creation Date: 25 Jan 2003 | ₹2.15 M | Satisfied |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
Vamsadhara Polymers Limited
Active
27 years 11 months Naresh Adusumilli, Srinivas Rao and 1 more are mutual person
Recent activity within the organization
Annual General Meeting
Sathavahana Ispat Ltd. last Annual general meeting of members was held on 29 Dec 2020 as per latest MCA records.
29 Dec 2020Balance Sheet
Sathavahana Ispat Ltd. has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Hyderabad.
31 Mar 2020Director Appointment
Ramana Kumar Davuluri was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 20 Apr 2019 & has been associated with this company since 5 years 10 days .
20 Apr 2019Director Appointment
Yeda Kiran Kumar was appointed as a Director was appointed as a Director on 01 Apr 2019 & has been associated with this company since 5 years 29 days .
01 Apr 2019Director Appointment
Latha Pamula was appointed as a Director was appointed as a Director on 14 Feb 2019 & has been associated with this company since 5 years 2 months .
14 Feb 2019
Recent News, Updates & Announcement
Jindal Saws bid to acquire Sathavahana Ispat okayed.The resolution plan shall be binding on the Corporate Debtor its employees members and creditors including the Central Government any State Government or any local authority to whom a debt in respect of the payment of dues arising under any law for the time being in force is due guarantors and other stakeholders involved in the Resolution Plan observed the tribunal in its order of March 31.
Economic Times 03 Apr 2023
- Jindal Saw outbids Sathavahana Ispat in intense corporate insolvency battle for prized asset BidWar BillionaireProblems MoneyTalks.
When you want something so bad but someone else gets it for a higher price JindalSaw SathavahanaIspat BidWar CorporateInsolvency BillionaireProblems VedantaWho JindalSawFTW JCFlowersARC SiddeshwariTradex PigIron DuctileIronPipe MoneyTalks SwissAuction CantWinEmAll.
Economic Times 31 Oct 2022
- Sathavahana Ispat signs agreement with Jindal Saw.
Business Standard 02 Aug 2019
- Sathavahana Ispat in talks to raise Rs500 crore in debt funding Mint.
Sathavahana Ispat is in talks with Piramal Enterprises SFG to refinance their entire existing debt to improve financial performance.
mint 19 Oct 2016
Frequently asked questions
What is the Incorporation or founding date of Sathavahana Ispat Ltd.?
