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Tag Archives: Shyam Metalics

Brij Bhushan Agarwal takes charge as ICC President, pledges to drive sustainable and inclusive industrial growth

THEBUSINESSBYTES BUREAU BHUBANESWAR, OCTOBER 7, 2025 Shyam Metalics, one of India’s leading integrated metal producers, announced that its Chairman and Managing Director, Brij Bhushan Agarwal, has been elected as the President of the Indian Chamber of Commerce (ICC). Stepping into the new role after serving as Senior Vice President of the Chamber, Agarwal brings with him extensive experience and a ...

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Shyam Metalics hosts blood donation camp at Jamuria with 800 employee volunteers

THEBUSINESSBYTES BUREAU NEW DELHI, SEPTEMBER 14, 2025 Shyam Metalics, an integrated metal producer, organised a large-scale blood donation camp on Saturday at its Jamuria plant, where around 800 employees volunteered, reaffirming the company’s commitment to community welfare and social responsibility. The initiative was inaugurated by S.K. Maity, Plant Head, Shyam Metalics, Jamuria Unit, and witnessed enthusiastic participation from employees and guests. ...

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Shyam Metalics expands into crash barrier manufacturing to strengthen road and rail safety

THEBUSINESSBYTES BUREAU BHUBANESWAR, SEPTEMBER 9, 2025 Shyam Metalics, one of India’s leading integrated metal producers, has announced its entry into the crash barrier manufacturing segment, targeting a market share of 8–10% in FY 2025–26. The company has begun production at its Giridih facility, which has an annual capacity of 24,000 MT and employs more than 150 skilled professionals. With infrastructure ...

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Shyam Metalics marks 79th Independence Day with green pledge to plant 20,000 saplings at Sambalpur plant

THEBUSINESSBYTES BUREAU BHUBANESWAR, AUGUST 20, 2025 Shyam Metalics, a leading integrated metal producer, celebrated the 79th Independence Day with pride and patriotic fervour across all its units, uniting employees, their families, and local communities in honour of the nation’s journey of freedom. From West Bengal to Odisha, Jharkhand, Uttar Pradesh, and Madhya Pradesh, the celebrations were marked by the ceremonial ...

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Shyam Metalics to invest Rs 650-750cr in stainless steel business

KOLKATA, APRIL 09, 2024 (TBB BUREAU): Shyam Metalics and Energy Ltd on Tuesday announced a significant investment ranging between Rs 650 to Rs 750 crore in its stainless steel business, signalling a bold step towards expansion and market dominance in the coming years. The company revealed plans to establish a cutting-edge stainless steel hot rolled coils (HRC) facility at its ...

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Shyam Metalics announces Rs 450 Cr investment to establish aluminium project in Odisha

TBB BUREAU NEW DELHI, MARCH 21, 2024 Shyam Metalics revealed its ambitious plans on Wednesday, intending to invest Rs 450 crore to inaugurate a state-of-the-art greenfield aluminium project in Odisha. The proposed project aims to manufacture aluminium flat rolled products with an impressive annual capacity of 60,000 metric tonnes, as outlined in a statement released by Shyam Metalics. “Shyam Metalics ...

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Shyam Metalics reduces IPO size to Rs 909 crore

TBB BUREAU KOLKATA, JUNE 6, 2021         Steel maker Shyam Metalics and Energy Ltd (SMEL) has reduced the size of its Initial Public Offer (IPO) to Rs 909crore from Rs 1,107 crore as promoters decided to offload shares worth Rs 252 crore from their own stake against Rs 452 crore as planned earlier.          The IPO will hit the capital ...

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