Shirpur Gold Refinery has formed a wholly owned subsidiary in Singapore in the name of ‘Shirpur Gold Mining Company’. The company has formed the subsidiary with a view to facilitate procurement of raw material supply for the business.
Shirpur Gold Refinery has set up a greenfield precious metal refinery with installed capacity to refine 217 MT per annum of gold and silver respectively at Shirpur in Maharashtra. The company also operates a wholly-owned subsidiary Kala Kosh Auctions.