Our Company was originally incorporated as `Happy Steels Private Limited' as a private limited company under the Companies Act, 1956 on June 14, 1996 pursuant to a Certificate of Incorporation bearing No. 16-18348 issued by the Registrar of Companies, Punjab, Himachal Pradesh and Chandigarh (the "RoC"). Thereafter, our Company was converted into a public limited company from a private limited company pursuant to a special resolution passed by the shareholders of our Company on February 15, 2025 consequent to which the name of our Company changed from `Happy Steels Private Limited' to `Happy Steels Limited' and a fresh Certificate of Incorporation bearing CIN: U35923PB1996PLC018348 was issued by the Registrar of Companies, Chandigarh (the "RoC") on March 20, 2025.
MAJOR EVENTS AND MILESTONES: 1996 - Our Company was incorporated in 1996 under the name and style of "Happy Steels Private Limited" and commenced its operations with the manufacture of axle shafts for tractors from a facility admeasuring approximately 2,600 square yards.
2000 - Expanded by acquiring of 18,400 square yard land and installing a 1200-ton Horizontal Forging Press and Heat Treatment Furnace. - Entered the off-road vehicles equipment segment with direct supplies to Original Equipment Manufacturer (OEM) companies
2007 - Established a Machine Component Division to transition from conventional to CNC machining.
2013 - Commissioned a second 1200-ton Heavy Duty Horizontal Forging Press and Heat Treatment Furnace to enhance capacity.
2018 - Entered the Commercial Vehicle and Defence Sectors with direct supplies to Original Equipment Manufacturers (OEMs) companies.
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