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₹539.002 days ago
₹587.502 days ago
Owais Metal and Mineral Processing Limited was originally incorporated on December 16, 2022, as ‘Owais Ali Overseas Private Limited’ under the provisions of the Companies Act, 2013 with the Registrar of Companies, Central Registration Centre. Subsequently the name of the Company was changed to ‘Owais Metal and Mineral Processing Private Limited’ pursuant to shareholders’ resolution passed on April 03, 2023, and a fresh Certificate of Incorporation pursuant to change of name issued by the Assistant Registrar of Companies, Gwalior on June 16, 2023. The Company subsequently acquired the entire running business on a going concern basis with the Assets and Liabilities of M/s Owais Ali Overseas, sole proprietorship concern of, Mr. Owais Ali vide Business Transfer Agreement dated June 15, 2023. Subsequently, pursuant to resolution of shareholders on August 17, 2023, the Company was converted to a public limited company and the name of the Company was further changed to ‘Owais Metal and Mineral Processing Limited’. A fresh certificate of incorporation consequent on change of name was granted to the Company on September 14, 2023, by the Registrar of Companies, Gwalior.The company is efficient and effective manufacturer and processor of various metals and minerals. Uniquely diversified across the broad spectrum of natural resources with main interests in manufacturing and processing metal and minerals. The company is engaged in the manufacturing and processing of the products like; Manganese Oxide (MNO); MC Ferro Manganese; Manufacturing of Wood Charcoal; and Processing of Minerals such as Ferro Alloy, Quartz and Manganese Ore.The company’s product like Manganese Oxide is used in fertilizer industry and is also used by the Manganese Sulphate Plants. Manganese Ore is used in manufacturing of Ferro Manganese, Silico Manganese, Manganese Oxide, Batteries and other Ferro products also it can be directly sellable in the market. MC Ferro Manganese is used in steel and casting industries, as it assists in removing sulphur from steel and improve properties, like durability, machinability and malleability. It can deoxidize molten metal. Its Wood Charcoal is used in furnaces of industries which require high heat for their manufacturing process such as Steel industry. Processed Quartz is being used hotel industry, Ferro Alloys industry, tiles ceramic industry, glass industry and industry of interiors furniture. Its major products are being supplied to the state of Madhya Pradesh, Maharashtra Punjab, Delhi and Gujrat.The company has recently added new products to its portfolio these products are Wood Charcoal and Processed Quartz. The company has a manufacturing unit for wood charcoal at Rajasthan and Meghnagar. Processing of Quartz has been done through its Meghnagar plant. The company’s factory is situated in Meghnagar which is a Strategic location as it is situated on the border of Gujarat, Madhya Pradesh and Rajasthan. Gujarat, Madhya Pradesh and Rajasthan are the three major consumers of Manganese oxide and MC Ferro Manganese.Business area of the companyThe Company is primarily engaged in the business of manufacturing of Manganese Oxide (MNO), manufacturing of MC Manganese and manufacturing of Wood Charcoal as well as processing of Minerals such as Quartz’s and Manganese ore and other Metals and Minerals in India. The company primarily caters to the Indian market.Products of the companyManganese oxide (MNO)Medium carbon (MC) Ferro ManganeseWood charcoalQuartz’s mineralsFerro alloys and manganese oreHistory and Milestones2022: Incorporation of the Company.2023: Change in name of the company from ‘Owais Ali Overseas Private Limited’ to ‘Owais Metal and Mineral Processing Private Limited’.2023: Acquired the entire running business on a going concern basis with the Assets and Liabilities of M/s Owais Ali Overseas, sole proprietorship concern of, Mr Saiyyed Owais Ali vide Business Transfer Agreement dated June 15, 20232023: Conversion of the company from Private Limited Company to Public Limited Company and Change of name of company to Owais Metal and Mineral Processing Limited.
