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Metalyst Forgings Ltd
Everest 20th Floor, 46C. J.L. Nehru Road
Phone: +91 2066031188p:+91 2066031188 PUNE, 411006  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, formerly Ahmednagar Forgings Limited, is an India-based forging axle beam and crankshaft manufacturing company. The Company operates through Automotive Components segment. Its product portfolio consists of a range of components for two/three wheelers, cars, tractors, light commercial vehicles (LCV), heavy commercial vehicles (HCV) and stationary engines. The Company has manufacturing facilities with vertical presses, hammers, upsetters and ring rolling machines. The Company has a product portfolio with a range of engineered components, including camshafts, connecting rods, crankshaft, crown wheel pinions and front axle beams. 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.

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

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
9/30/20193/31/2019Yes----

Industries
SIC Code Description
3462 Iron and steel forgings
3714 Motor vehicle parts and accessories

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Independent Chairman of the Board YogeshKapur 8/25/2017 8/25/2017
Whole Time Director ShekharGupta 2/14/2017 2/14/2017
Director ArvindDham 54 1/1/2013
4 additional Officers and Directors records available in full report.

General Information
Number of Employees: 654 (As of 3/31/2019)
Outstanding Shares: 43,550,000 (As of 9/30/2019)
Shareholders: 20,120
Stock Exchange: NSE
Fax Number: +91 11322895


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Sunday, February 16, 2020