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Surya Roshni gets nod for expansion plan of existing steel unit in Gwalior

29 May 2013 Evaluate

Surya Roshni has received an approval for expansion of Rs 22.50 crore in existing steel unit located at Malanpur in Gwalior. The board of directors at its meeting held on May 28, 2013 has approved for the same.

Surya Roshni has three segments viz steel, lighting and real estate. The company diversified into lighting products with the manufacturing of General Lighting Systems (GLS) and Fluorescent Tube Lamps (FTL) sold under brand name ‘Surya’ and started the production of Compact Fluorescent Lamps (CFLs) in 2007.

Peers
Company Name CMP
JSW Steel 1171.60
Tata Steel 172.30
Steel Authority 171.00
Jindal Stainless 704.00
APL Apollo Tubes 2156.15
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