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Metalyst Forgings Ltd
Gat No.614, At Village Kuruli,, Tal Khed
Phone: +91 11322204p:+91 11322204 PUNE, 410501  India Ticker: METALFORGEMETALFORGE
On 12/15/2017, the National Company Law Tribunal (NCLT) admitted the State Bank of India's Insolvency Petition filed against Metalyst Forgings Ltd. under section 7 of the Insolvency and Bankruptcy Code, 2016(IBC). The Company was placed under the Corporate Insolvency Resolution Process (CIRP) pursuant to the provision of IBC, 2016. The NCLT appointed Dinkar Tiruvannadapuram Venkatasubramanian as the Interim Resolution Professional of the Company.
Business Summary
Metalyst Forgings Limited is an India-based company. The Company is engaged in manufacturing of wide range of highly engineered forging components. Its components include hot forged parts and high tensile fasteners for automotive and non-automotive segments. The Company’s manufacturing facilities are equipped with world-class presses, hammers, and up setter’s machines. The Company also manufactures front axle beam, crankshaft, and other small and medium components. Its product portfolio consists of a range of components for 2/3 wheelers, passenger cars, tractors, light commercial vehicles (LCV), heavy commercial vehicles (HCV) and stationary engines. The Company's plants are located in Maharashtra Industrial Development Corporation (MIDC) Area, Ahmednagar; Chakan, Pune; Kuruli, Pune; Nalagarh, Himachal Pradesh, and MIDC Area, Aurangabad. Its customers include John Deere, Mahindra, Daimler India, Greaves Cotton, Isuzu Motor India, Mahindra & Mahindra, Ashok Layland, and others.
(Source: F-4)

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

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/20233/31/2023Yes----

Industries
SIC Code Description
3462 Iron and steel forgings
3714 Motor vehicle parts and accessories
3452 Bolts, nuts, screws, rivets, and washers

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the Board YogeshKapur 8/25/2017 8/25/2017
Chief Financial Officer JayaramShetty 8/2/2022 8/2/2022
Compliance Officer, Company Secretary DivyyaSrivastava 6/27/2022 6/27/2022
5 additional Officers and Directors records available in full report.

Business Names
Business Name
513335
METALFORGE

General Information
Number of Employees: 654 (As of 3/31/2019)
Outstanding Shares: 43,550,000 (As of 3/31/2023)
Shareholders: 20,120
Stock Exchange: NSE
Fax Number: +91 11322895


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Wednesday, November 20, 2024