ISMT commences production at 40 MW captive power plant

ISMT has commenced commercial production at its 40 MW captive power plant. The company has commenced the same with effect from May 28, 2012.

Recently, the company’s board at its meeting held on May 28, 2012, has recommended a dividend of Rs 0.75 per equity share for the financial year ended March 31, 2012 subject to the approval of the members at the ensuing annual general meeting.

The company is engaged in manufacturing of specialized seamless tubes, alloy steel and proves engineering services. The company also manufactures products such as bearing rings, gear blanks, shifter sleeves, cages for constant velocity joints, swaged and machined axles, threaded and coupled casings, couplings and a host of similar products.