Shirpur Gold Refinery has incorporated a step down subsidiary namely 'Precious Metals Mining and Refining' (PMMRL) with Registrar of Companies, PNG having it's Registered Office at Boroko, National Capital District Papua New Guinea. The Company is incorporated as Wholly Owned Subsidiary of the Company's Dubai Subsidiary i.e. Shirpur Gold Trading DMCC. PMMRL is incorporated with the main objects of carrying out activities of Mining and Refining of Precious Metals.
Shirpur Gold Refinery is part of the Essel group since December 2008, post takeover of assets from ARCIL auction. The company is engaged in gold refining with an installed capacity to refine 217 MT per annum of gold. Its refinery is located at Shirpur, Dhule district, Maharashtra.