Kalyani Cast-Tech Share Price

Kalyani CastTech Limited was originally incorporated on September 26, 2012 as a Private Limited Company under the name Kalyani CastTech Private Limited with the Registrar of Companies, NCT of Delhi Haryana. Pursuant to Shareholders Resolution passed at Extra Ordinary General Meeting held on April 29, 2022, Company converted into a Public Limited Company and name of the Company was changed to Kalyani CastTech Limited dated June 03, 2022. The Company is an ISO 001:2001:2008 certified casting unit with inhouse machining facility. It has all the equipment, testing and chemical instruments and trained/skilled manpower to meet the requirement. It produces a wide range of castings confirming to Indian and International Standards/specifications.Initially, the Company was set up as a steel foundry in 2014 and now diversified into manufacturing of containers as per International Standards. It has diverse client base and has adopted the Nobake system of moulding and having automatic sand plant starting from knock out, screening, cooling and mixing of sand. The Company manufacture a wide product range of castings, including finished components and are specialists in various types of cargo containers viz ISO containers 20, 40 and other special containers including dwarf containers, cuboid containers, special containers for parcel cargo and containers for two three wheelers. It is situated in Industrial hub with connections with western dedicated freight corridor, with state high way road connectivity. Presently, the Company is led by Mr. Naresh Kumar who is the Promoter and Executive Director of the Company. In January 2014, the Company commenced the trail run of casting plant.In March 2014, the Company started their commercial operations.In 2016, the Indian Railways planned to introduce dwarf containers designed and developed by Kalayni CastTech Private Limited.In March 2017, the Company began their first trial run for double stack dwarf containers on Indian Railway (IR) network.In July 2018, the Companys first Double Stack container train began to run from Jamnagar to Ludhiana.By end of March 2022, the Company completed the manufacturing of nearly 1000 containers. It has implemented use of FRP (Fiber Reinforced Plastic) flooring in containers for the first time in the world which is giving enhanced life with lower tare weights of containers.