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PSL Limited
PSL Towers
615 Makhwana Road, Marol Andheri (E),
Phone: +91 2224307023p:+91 2224307023 MUMBAI, 400059  India Fax: +91 2224307365f:+91 2224307365
On 7/7/2017, it was announced that PSL Limited's application for Insolvency to the Board of Industrial and Financial Restructuring was transferred to the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code, 2016. IRR Insolvency Professionals Pvt. Ltd. was appointed as the Interim Resolution Professional.
On 2/15/2019, the National Company Law Tribunal, Ahmadabad Bench, ordered the initiation of Corporate Insolvency Resolution Process of PSL Limited as a result of an application filed by Edelweiss Assets Reconstruction Co. Limited.
Mr. Nilesh Sharma has been appointed as the Insolvency Resolution Professional.
This company is no longer actively traded on any major stock exchange.
Business Summary
PSL Limited is a holding company. The Company is primarily engaged in the manufacturing and supply of anti-corrosive coated steel pipe and services to the pipe industry. The Company’s main business is to manufacture steel pipes. It offers various products and services such as induction pipe bending, sacrificial anodes, job work on free issue coils from vendors, and anti-corrosive treatment to pipes. It also offers other tubes, pipes, and hollow profiles in a spiral or straight welded seam of diameter 300 mm & above and made out of iron steel of all types of sale of service (job work of formation of pipes, anti-corrosive treatment and induction bending). The Company’s products and services include pipe manufacturing, turnkey projects, pipe coatings, anodes, induction bends and rebar coating.
(Source: ARS)

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
9/30/20203/31/2020Yes----

Industries
SIC Code Description
3317 Steel pipe and tubes
3498 Fabricated pipe and pipe fittings

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chief Financial Officer K.Ramanathan 1/1/2009
Managing Director, Executive Director Ashok Y.Punj
Director ManjulaBhatia 5/13/2015 5/13/2015
4 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
PSL - North America LLC 13092 Sea Plane Road Bay St. Louis MS United States

Business Names
Business Name
Pipeline Systems Ltd.
PSL
PSL - North America LLC
5 additional Business Names available in full report.

General Information
Outstanding Shares: 124,930,000 (As of 9/30/2020)
Shareholders: 32,045
Stock Exchange: NSE
Fax Number: +91 2224307365


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Sunday, December 31, 2023