| 1996 |
: |
The Company obtained Kitemark licence from British Standard Institute (BSI) for its Dl pipes as per ISO 2531, BS EN 545, BS EN 598. |
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The Company commissioned its own mini-blast furnace with matching capacity for better quality control. |
| 1999 |
: |
The Company received the ISO-9002 accreditation from BSI for Dl pipes and fittings. |
| 2000 |
: |
The Company increased its capacity to 120,000 tpa for Dl pipes. |
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: |
The Company obtained Kitemark license from BSI, UK for Dl fittings made at its facilities in Elavur, Chennai as per ISO 2531, BS EN 545, and BS EN 598. |
| 2001 |
: |
The Company scaled its Dl pipe capacity from 120,000 tpa to 150,000 tpa. |
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Mini Blast Furnace capacity increased from 1,09,000 tpa to 2,00,000 tpa. |
| 2002 |
: |
The Company acquired 46% stake in Lanco Industries Limited in March 2002, which is involved in manufacturing of DI Pipes, Pig Iron, Cement and Castings. |
| 2003 |
: |
The Company received the ISO-14001 and ISO 9001-2000 certification as a testimony to its sound environment management practices. |
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The Company also received BSI Kitemark license for Dl Fittings at Khardah works, West Bengal. |
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: |
The Company increased its Dl pipe manufacturing capacity from 1,50,000 tpa to 200,000 tpa. |
| 2005 |
: |
The Company raised USD 40 Million through the issue of Global Depository Receipts (GDRs) in October 2005 and become the first Indian Company to be listed on Professional Securities Market (PSM) of the London Stock Exchange (LSE) in addition to being the first Company to issue GDRs on the PSM. |
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The Company was accorded Three Star Export House by the JDGFT, Ministry of Commerce and Industry of the Government of India. |
| 2006 |
: |
The Company increased its Dl pipe manufacturing capacity from 2,00,000 tpa to 2,50,000 tpa and commissioned Coke Oven Plant at Haldia. |
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The Company commissioned 12 MW Power Plant & 30,000 tpa second Kiln Sponge Iron Plant at Haldia. |
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Mini Blast Furnace capacity increased from 2,00,000 tpa to 2,35,000 tpa. |
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The Company successfully commissioned Pulverized Coal Injection System in Blast Furnace and Stamp Charging System in Coke Oven Plant at Khardah, which enhanced operational efficiency. |
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The Company successfully raised USD 75 Million through issue of Zero Coupon Convertible Bonds to finance its Capital expenditure requirements. |
