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Balasore Alloys Ltd
Park Plaza, 71, Park Street, 1st Floor
Phone: +91 3340297000p:+91 3340297000 KOLKATA, 700016  India Fax: +91 3322295693f:+91 3322295693
Business Summary
Balasore Alloys Limited is engaged in the manufacturing and mining of ferro alloys. The Company is also engaged in the manufacturing and selling of ferro chrome of various grades. The Company manufactures High Carbon Ferro Chrome (FeCr60) and Low Silicon Ferro Chrome (FeCr65). The Company’s plants are located at Balasore and Sukinda, having over six submerged electric arc furnaces (five in Balasore plant and one in Sukinda plant) with a combined ferro chrome manufacturing capacity of approximately 1,60,000 million tons per annum (MTPA). It has a captive chrome ore mine in Sukinda Valley in Jajpur district in the state of Odisha. Its metal recovery plants are used to recover the entrapped metal (ferrochrome) from the slag generated during the production of Ferro chrome and charge chrome. The Company focuses on the production of products, such as low and medium-silicon, low phosphorous, medium-carbon and high-chromium, among others. Its ferro chrome is used in stainless steel industry.
(Source: 10-K405)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/20243/31/2024Yes----

Industries
SIC Code Description
3312 Steel works, blast furnaces (including coke ovens), and rolling mills
1099 Miscellaneous metal ores, not elsewhere classified
1499 Miscellaneous nonmetallic minerals, except fuels

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chief Executive Officer, Executive Director AnilSureka 65 4/2/2021 11/17/2011
Chief Financial Officer, Executive Director DebasishGanguly 4/26/2023 4/10/2023
Compliance Officer, Company Secretary PankajAgarwal 4/21/2023 4/21/2023
6 additional Officers and Directors records available in full report.

General Information
Number of Employees: 860 (As of 3/31/2019)
Outstanding Shares: 93,325,411 (As of 3/31/2024)
Shareholders: 120,890
Stock Exchange: BOM
Fax Number: +91 3322295693


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Wednesday, November 20, 2024