Mahindra Ugine Steel Co. Limited

Company limited by Shares (2) 486+ employees

Mahindra Ugine Steel Co. Limited Overview

Address
144, Mayureshwar Somawar Peth, Pune, Maharashtra, India
COMPANY SIZE
486+ employees
CIN
L99999MH1962PLC012542
TYPE
Public
CATEGORY
Company limited by Shares
SUB-CATEGORY
Non-govt company
WEBSITE
http://www.mahindra.com
EMAIL
mcie.investors@mahindra.com
FOUNDED
19 Dec,1962
PAID-UP CAPITAL
327,146,540
AUTHORISED CAPITAL
1,500,000,000
N/A Related OEMs
N/A No. of plants

Company Breakup

Name share
Public Financial Companies
4.77%
Foreign Holdings
0.83%
Others
17.58%
Bodies Corporate
59.11%
Mutual Funds
4.71%
Total Number Of Shareholders 21383
Shareholding As On 2014-08-05

Mahindra Ugine Steel Co. Limited in News

21 Jul 2021

MN Dastur bags US carbon capture project

The project will help in the production of low-carbon emission steel through CO2 capture of up to 2 mtpa from the available blast furnace gases to meet the demand of energy in a steel plant.

11 Jul 2021

Mahindra Finance expands its global footprint, acquires 58.2% in Ideal Finance

Mahindra Finance entered into a contractual agreement with Ideal Finance in 2019, agreeing to acquire 58% stake by March 2021, which was mutually extended by both companies till September 2021. Mahindra Finance aims to replicate its business model with this investment in Ideal Finance thereby creating a leading financial services institution in Sri Lanka.

01 Jul 2021

Exclusive: Senior executives from Tata Motors, Renault design teams quit; join M&M

Competition in the auto industry has never been more intense, as manufacturers dabble in new technologies, such as autonomous driving and electrified powertrains. And as India becomes a crucial automotive market, with sales of passenger cars crossing the two million mark, onboarding top designers for auto majors is becoming crucial, experts say. Mahindra & Mahindra, it seems, has embarked on this mission of revamping and redesigning its design team with new leadership and fresh recruitments.

30 Jun 2021

Govt extends antidumping duty on certain steel items till Dec 15

According to two separate notifications by the Department of Revenue, the duties on 'Hot-Rolled flat products of alloy or non-alloy steel' originating in or exported from China, Japan, Korea, Russia, and Brazil, and on 'Cold-Rolled flat products of alloy or non-alloy steel' coming from China, Japan, and Korea, have been extended.

26 Jun 2021

Lenders see more recovery in steel sector

At a time when banks are seeing most of their loans wiped out, like those to Videocon Group or Jet Airways, the traditional business of steel manufacturing is turning out to be relatively safer for lenders. Three of the biggest NPA recoveries has been in the steel sector — Essar Steel, Bhushan Steel and Bhushan Power & Steel.

21 Jun 2021

Mahindra rolls out discounts of up to INR 3 lakh on SUVs

The company has listed these benefits ranging from INR 16,500 (for Bolero) to INR3.01 lakh (for Alturas) on its official website. The offers include cash offer, exchange bonus, corporate discount, and additional offers. They are valid up to June 30, 2021, and vary from dealership to dealership.

24 May 2021

Global steel prices to average $800 per tonne in H1: Fitch

Fitch said Chinese domestic demand for steel will slow overall in 2022 and beyond as balancing of the economy away from heavy industry and towards service sector resumes, which will drag down domestic steel prices in China and the global average.

12 May 2021

M&M's sales volume may be lower by 20% in June quarter

"The rampant spread of the second wave of COVID-19 and lockdowns enforced in various states/parts of the country coupled with disruption in the supply of oxygen for industrial use, demand and supply for vehicles and tractors is expected to be impacted temporarily," M&M said.

02 May 2021

The price of the stuff that makes everything is surging

The rally threatens to raise the cost of goods from the lunchtime sandwich to gleaming skyscrapers. It’s also lit the fuse on the massive reflation trade that’s gripped markets this year and pushed up inflation expectations.

Directors of Mahindra Ugine Steel Co. Limited

Name DIN Email Designation Date of joining
Mukesh Gupta Unlock to View Unlock to View Nominee director 25 Jul,2013
Uday Gupta Unlock to View Unlock to View Managing director 05 May,2011
Nikhilesh Natwarlal Panchal Unlock to View Unlock to View Director 18 Jan,2011
Daljit Lilaram Mirchandani Unlock to View Unlock to View Director 27 Oct,2010
Sanjiv Kapoor Unlock to View Unlock to View Director 28 Jul,2009
Harsh Kumar Unlock to View Unlock to View Director 23 Jan,2009
Manojkumar Madangopal Maheshwari Unlock to View Unlock to View Director 23 Oct,2008
Ramakrishnan Rajagopalan Unlock to View Unlock to View Director 21 Apr,2005
Hemant Hans Raj Luthra Unlock to View Unlock to View Director 30 Jul,2002
Anand Gopal Mahindra Unlock to View Unlock to View Director 30 Oct,1986

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