Rhetan TMT Ltd

Rhetan TMT Ltd

Shivani Rolling Mills Private Limited was incorporated on June 26 1984 with the Registrar of Companies Gujarat. Further name of the Company was changed from 'Shivani Rolling Mills Private Limited' to 'Shree Ghantakarna Rolling Mills Private Limited' vide Special resolution dated December 27 1996. Further name of the company was changed from Shree Ghantakarna Rolling Mills Private Limited to Rhetan Rolling Mills Private Limited vide Special Resolution dated August 29 2018. Further name of the Company was changed from Rhetan Rolling Mills Private Limited to Rhetan TMT Private Limited vide Special Resolution dated December 31 2021. The status of the Company was changed to Public Limited and name of the Company was changed to Rhetan TMT Limited vide Special Resolution dated January 10 2022. Being promoted by Mr. Shalin Shah the Company owns and operates a Steel Rolling Mill with an aggregate installed capacity of 30000 MTPA. It is an IS 1786: 2008 certified company and manufactures TMT Bars and Round Bars which are primarily used in construction industry. Its products have been used in construction of dams bridges residential and commercial towers and major infrastructure projects in Gujarat. The plant is located at Mehsana in Gujarat. In 1986 the Company commenced production of TMT bars at Manufacturing facility at Kadi Dist. Mehsana in Gujarat.In 2001 the Plant was closed down due to internal financial constrain as well as unfavorable market conditions.In 2002 electricity connection was discontinued at the factory site due to non-payment of dues.In 2017 Company applied to the UGVCL/ Industries' Commissioner to re-consider it for eligibility under the Scheme.Later in 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. It again availed high-tension (HT) load of 1500 KVA from Uttar Gujarat Vij Company Ltd (UGVCL) for Manufacturing.In 2019 it re-commenced commercial production of TMT bars. The plant is fully geared with latest technologies to provide good qualitysteel products and is operating smoothly since 2019.