Readymade Steel India has completed the acquisition of shares of Kridhan Infra Solutions as per the fair valuation report as on March 31, 2013. Pursuant to this, Kridhan Infra Solutions, a company under same management has become a wholly owned subsidiary of the company. The board of directors at its meeting held on November 14, 2013 has taken the note of the same.
Readymade Steel India is one of the pioneers in introducing the concept of ready to use steel for the construction industry in the country. RMS's product offerings include ready to use steel, primarily re-bars to be used in construction activities in various sectors like roads, power plants, ports, airports, housing, bridges, metros, monorails etc.