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Sarda Energy & Minerals incorporates wholly owned subsidiary

03 May 2023 Evaluate

Sarda Energy & Minerals (SEML) has incorporated a wholly owned subsidiary company ‘Kalyani Coal Mining’. The company has incorporated wholly owned subsidiary company on May 2, 2023. Kalyani Coal Mining has been incorporated as a Special Purpose Vehicle for carrying out the Re-Opening, Salvaging, Rehabilitation, Development and Operation of Kalyani Underground Mines, in the state of Chhattisgarh. 

Sarda Energy & Minerals (SEML) is one of the lowest cost producers of steel (sponge iron, billets, ingots, TMT bars) and one of the largest manufacturers and exporters of ferro alloys in India.

Peers
Company Name CMP
JSW Steel 1278.60
Tata Steel 186.15
Steel Authority 176.25
Jindal Stainless 746.50
APL Apollo Tubes 2195.90
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