Bansal Wire Industries has received approved for the proposal of incorporation of a wholly owned subsidiary (WOS) of the company by name BWI Steels or any other name as may be approved by the Ministry of Corporate Affairs. The proposed wholly owned subsidiary company, to be incorporated m India, shall manufacture Steel Wire Rod and Wire. The Board of Directors of the company at their meeting held on September 03, 2024, has approved the same.
Bansal Wire Industries manufactures high and low carbon steel wires/ galvanized wire / cable armoring wires and strips / stainless steel wires / profile, shaped wires, speciality wires and so on which have multiple application.
