Goa Ispat: Not cooperating – 20 Oct 2022

Goa Ispat Ltd started producing TMT bars in FY2006 under the brand name “Amba Shakti TMT 500”.

The company also started production of structural steel products namely angles and channels in FY2007 under the brand name “Amba”. In FY2008, the company started MS ingots production by taking the induction furnace on lease from its sister concern M/s. Balaji Metals. Currently, it manufactures MS ingots and TMT bars (8mm to 32 mm) and has an installed capacity of 48,000 MTPA and 60,000 MTPA respectively.

But reasons best known by the company, it is not cooperating with its rating agency