Our Company was incorporated as Shivani Rolling Mills Private Limited on June 26, 1984 under the Companies Act, 1956 with the Registrar of Companies, Gujarat bearing Registration number 007041.Further name of our company was changed from Shivani Rolling Mills Private Limited to Shree Ghantakarna Rolling Mills Private Limited vide Special resolution dated December 27, 1996.The fresh certificate of incorporation consequent of name change was issued on January 03, 1997 by the Registrar of Companies, Gujarat, Dadra& Nagar Haveli. Further name of our company was changed from Shree Ghantakarna Rolling Mills Private Limited to Rhetan Rolling Mills Private Limited vide Special resolution dated August 29, 2018.The fresh certificate of incorporation consequent of name change was issued on September 12, 2018 by the Registrar of Companies, Ahmedabad. Further name of our company was changed from Rhetan Rolling Mills Private Limited to Rhetan TMT Private Limited vide Special resolution dated December 31, 2021.The fresh certificate of incorporation consequent of name change was issued on January 07, 2022 by the Registrar of Companies, Ahmedabad. The status of the Company was changed to public limited and the name of our Company was changed to Rhetan TMT Limited vide Special Resolution dated January 10, 2022. The fresh certificate of incorporation consequent to conversion was issued on January 19, 2022 by the Registrar of Companies, Ahmedabad. The Corporate Identification Number of our Company is U27100GJ1984PLC007041.
MAJOR EVENTS: 1984 Incorporated as 'Shivani Rolling Mills Private Limited'
1986 Commenced production of TMT bars at Manufacturing facility located at 325, Karannagar, Kadi-Kalol Road, Taluka Kadi, Dist. Mehsana, Gujarat - 382715
1992 Uttar Gujrat Vij Company Limited (UGVCL) filed special civil suit No. 49 of 1992 for recovery of electricity charges incurred at the factory site.
1994 Revaluation of Land was done by the Management of the Company.
1997 Name of the Company was changed to Shree Ghantakarna Rolling Mills Private Limited vide special resolution passed at general meeting dated December 12, 1996.
2001 Closure of Plant due to internal financial constrain as well as unfavorable Market conditions.
2002 -Electricity connection was discontinued at the factory site due to non-payment of dues.
-State of Gujarat vide notification dated March 29, 2012 had declared Amnesty Scheme for settlement of outstanding claims of consumers. At that time Company had applied for the Amnesty Scheme which was rejected by the UGVCL/Industries` Commissioner stating that the Company does not come under the said Scheme.
2017 Company applied to the UGVCL/ Industries` Commissioner to re-consider it for eligibility under the Scheme.
2018 -Company availed low-tension (LT) load of 13.33 KVA from Uttar Gujarat Vij Company Ltd (UGVCL) for carrying out modernization and overhauling of existing Plant and Machinery and for installation of new machinery at the factory site.
-Name of the Company was changed to Rhetan Rolling Mills Private Limited vide special resolution passed at general meeting dated August 29, 2018.
-Company availed high-tension (HT) load of 1500 KVA from Uttar Gujarat Vij Company Ltd (UGVCL) for Manufacturing.
2019 Company re-commenced commercial production of TMT bars.
2021 Sub-Division of Equity shares from 100 to 10 each vide special resolution passed at general meeting dated August 29, 2021.
2022 -Name of the Company was changed to Rhetan TMT Private Limited vide special resolution passed at General Meeting dated December 31, 2021. -Company converted from Private Limited Company to Public Limited Company vide special resolution passed at General Meeting dated January 10, 2022. -Company crossed turnover of 50 crores.
2023 - Company has issued Bonus Shares in the Ratio of 11:4.
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