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balasore alloys ltd (513142) Snapshot

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balasore alloys ltd (513142) Details

Balasore Alloys Limited primarily engages in producing chrome ore from its mines located in Odisha, India. The company manufactures and sells ferro alloys of various grades, such as high carbon ferro chrome and low silicon ferro chrome. It also operates manganese ore mines in Odisha and Madhya Pradesh; and quartz and quartzite mine in Odisha. Balasore Alloys Limited also exports its products. The company was formerly known as Ispat Alloys Limited. Balasore Alloys Limited was incorporated in 1984 and is based in Kolkata, India.

620 Employees
Last Reported Date: 05/30/09
Founded in 1984

balasore alloys ltd (513142) Top Compensated Officers

Chief Executive Officer, Managing Director, D...
Total Annual Compensation: 14.4M
President, Compliance Officer and Company Sec...
Total Annual Compensation: 1.9M
Chief Financial Officer, Director of Finance,...
Total Annual Compensation: 5.7M
Director of Operations and Wholetime Director
Total Annual Compensation: 2.1M
Compensation as of Fiscal Year 2015.

balasore alloys ltd (513142) Key Developments

Balasore Alloys Limited, Board Meeting, Nov 14, 2015

Balasore Alloys Limited, Board Meeting, Nov 14, 2015. Agenda: To approve quarterly results; and to consider the resignation vide letter dated October 05, 2015 of Mr. Ansuman Kumar Bhanja, Director - Operations of the Company accepted with effect from November 14, 2015.

Balasore Alloys Limited, Board Meeting, Oct 12, 2015

Balasore Alloys Limited, Board Meeting, Oct 12, 2015. Agenda: to consider and allot 8,000,000 convertible warrants of INR. 5 each at price of INR 17 including a premium of INR 12/- per warrants to Jaltarang Vanijya Pvt. Ltd. a Promoter Group entity / Persons Acting in Concert on preferential basis, pursuant to the authority given by the shareholders in the Annual General Meeting held on September 29, 2015.

Balasore Alloys Limited Adopts New Set of Article of Association

Balasore Alloys Limited at its AGM held on September 29, 2015, has approved to replace the existing Article of Association of the company with new set of Article of Association and approve and adopt the new Article of Association of the company in place of the existing Articles.

 

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