Shirpur Gold Refinery has formed a wholly owned subsidiary in Dubai in the name of ‘Shirpur Gold Trading, DMCC’. The company has formed the subsidiary with a view to facilitate procurement of raw material supply for the business to do the bullion trading business and other related activities.
Shirpur Gold Refinery has set up a green-field 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.