Modern Steels Ltd

Modern Steels Ltd is an Indian company engaged in steel manufacturing and related industrial activities. The company’s operations, production focus, and compliance with regulatory requirements form the basis of its business profile. From a market-information perspective, corporate disclosures and sector developments, alongside broader economic conditions, are often reviewed by market participants. The Modern Steels Ltd share price reflects how market participants respond to publicly available information at different points in time.

History of Modern Steels Ltd

Modern Steels Ltd was incorporated in November 1973 with the objective of manufacturing carbon and alloy steel. Promoted by Amarjit Goyal and Krishan Kumar Goyal, the company established its manufacturing plant at Mandi Gobindgarh, Punjab, with facilities for steel melting and rolling. Over the years, it expanded its product capacity and undertook multiple technology upgrades, including advanced furnaces, rolling mills, and finishing facilities. The company also diversified into auto components and forging operations. In 2022, its plant operations and assets were transferred to Arjas Modern Steel Pvt. Ltd. under a business transfer arrangement, a development often considered while tracking the Modern Steel share price.

Key Personnel of Modern Steels Ltd

The management team of Modern Steels Ltd is responsible for overseeing business operations, governance, and long-term planning. Key personnel generally include:

Krishan Kumar Goyal - Chairman & Managing Director  

Satish Kumar Kapoor - Non Executive Independent Director  

AK Vashisht  - Non Executive Independent Director  

Anupama Sharma - Non Executive Independent Director  

Mr. Suresh Kumar Puri - Chief Financial Officer

Ananya Modi - Company Secretary  

Ms. Deepa - Company Secretary, Compliance Officer  

Business Segments of Modern Steels Ltd

Modern Steels Ltd operates across select business segments linked to its core steel manufacturing activities. These segments typically include:

Manufacturing of steel and alloy steel products

Processing and finishing of steel materials

Supply of steel products to industrial and infrastructure sectors

Ancillary activities supporting core manufacturing operations

Subsidiaries of Modern Steels Ltd

The Modern Steels Limited structures its operations based on project and business requirements. As per publicly available information, the company:  

Does not have any major operational subsidiaries, or  

Undertakes its core activities largely through the parent entity itself