Beekay Steel Industries’ Board has approved acquisition of the businesses of Durable Ispat & Alloys including the assets & liabilities of the said company as ongoing concern basis on such price and other terms as may be negotiated in the best interest of the company. The said company is basically engaged in trading of Iron & Steel products. The Board of Directors of the company in its meeting held on January 21, 2020 has approved the same.
Beekay Steel Industries’ manufacturing facilities are spread across India to produce Section, Bright Bars, Structurals (Angles, Channels, Beams) and TMT bars in a variety of specifications and grades. Currently the company is producing steel billets and sponge iron for internal consumption to command raw material supplies.
Company Name | CMP |
---|---|
Tata Steel | 174.15 |
JSW Steel | 941.30 |
SAIL | 142.90 |
Jindal Stainless | 806.30 |
Jindal Saw | 538.70 |
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