Sathavahana Ispat was incorporated on November 8, 1989 as a public limited company under the name Sathavahana Ispat and obtained the certificate of commencement of business from Registrar of Companies, Hyderabad, AP on May 8, 1990.
The main objects of the company are fully set out in the Memorandum of Association (MOA) and also detailed elsewhere in the prospectus. The immediate object of the company is to manufacture 1,20,000 tonnes per annum of pig iron. The company is promoted by A S Rao, a technocrat entrepreneur.
Sathavahana Ispat has delisted its equity shares from Ahmedabad Stock Exchange and Madras Stock Exchange.
The registered office of the company is located at 314, Sri Ramakrishna Towers, Nagarjuna Nagar Ameerpet, Hyderabad, Andhra Pradesh 500073.
Business area of the company
The company is engaged in the manufacturing of pig iron.