BMW Industries inks MoU with Ministry of Steel under PLI 1.1 for specialty steel

BMW Industries Ltd. | Steel & Iron Products | Metals & Mining | BSE: 542669 | NSE:

25 Mar 2025 Evaluate

BMW Industries (BMWIL) has signed a Memorandum of Understanding (MoU) with the Ministry of Steel under the Production Linked Incentive (PLI) Scheme 1.1 for Specialty Steel. As a qualified beneficiary of the PLI scheme, BMWIL will manufacture ‘coated/plated steel products of metallic/non-metallic alloy’ & ‘Al-Zn Coated (Galvalume)’ products at its upcoming greenfield downstream steel complex in Bokaro, Jharkhand.

BMW Industries is primarily engaged into manufacturing, processing and selling of steel products comprising of engineering and other products and services and activities related to the same.

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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