ABOUT METAL COATINGS (INDIA) LTD.
METAL COATINGS (INDIA) LTD. is a public limited company promoted by Khandelwal family in December 1994. The company is engaged in Manufacturing of Cold Rolled Steel Strips/Coils and HRPO steel strips/coils. These products are used by wide range of user industries such as Auto Component, White Goods and Electrical Equipments etc. The company supplies the goods to many reputed companies in the domestic industry covering Satyam Auto Components Ltd., Talbros Automotive Components, Maharaja Appliances, Avon Tubetech, R. R. Autotech, Neolite Industries, etc.
DIRECTORS' PROFILE
Mr. RAMESH CHANDER KHANDELWAL, WHOLE TIME DIRECTOR
He is a Mechanical Engineer. He takes care of manufacturing function and also decides on key technical aspects of operations. His dedication and commitment to the growth of the company as well as his technical expertise in C.R. manufacturing and galvanising has helped the company in substantially improving the efficiencies with minimum investments in infrastructure. Owing to his leadership skills, he was also elected as Vice President of Faridabad Chamber of Commerce and Industries.
Mr. PRAMOD KHANDELWAL, MANAGING DIRECTOR
He is a Chartered Accountant. He looks after Commercial, Financial and Marketing functions of the Company, besides leading new ventures. He controls and looks after all the financial, commercial and marketing aspect of the Company. His knowledge of the steel industry as well as the insight into the auto component and consumer durables market has helped the company in taking pro-active steps well before competition.
Mr.SACHIN KHURANA, INDEPENDENT DIRECTOR
CS Sachin Khurana is a fellow member of the Institute of Company Secretaries of India, a Masters in Commerce, a Law Graduate and a certified CSR professional. He has a working experience of more than 8 years. Having proficiency in all matters related to Companies Act, Intellectual Property Rights (Registered Trade Mark Agent), FEMA and its regulations, various business laws and assisting in setting up of businesses in India.
He has command over compliance management services with regard to Company Law, statutory reporting, secretarial audits, various labour laws and other statutory requirements. He is a visiting faculty at NIRC and various chapters. He has served as a member of the PCS committee of NIRC - ICSI for 2019, member of Infrastructure Committee of NIRC – ICSI 2020.
Presently, he is member of the Task Force on Company Law constituted by ICSI - HQ, also serving as co-convenor of the Economic and Corporate Law Group of Bhartiya Vitta Salahkar Samiti ("BVSS"), a leading think tank of Indian Finance Professionals.
Mrs. RUPALI AGGARWAL, INDEPENDENT DIRECTOR
CS Rupali Aggarwal is a qualified Company Secretary & Law Graduate and has a diverse experience of over 10 years in multiple industries like Agriculture, Real Estate, Automotive & Sugar Manufacturing industries. She is a research oriented professional and possesses rich and varied experience in corporate advisory in company law, SEBI & Listing laws, secretarial compliances, Capital Markets & Financial Services.
She is renowned for her innovative thinking and professional approach & has extensive experience and expertise in implementing the company law, SEBI laws and other statutory enactments with the ability to relate theory with practice.
She is Member of Young Members Empowerment Committee (YMEC) of NIRC of ICSI 2021.
She is currently on the Board of Vocal4local Consultants Private Limited and partner of Chronicle Advisors LLP
The promoters personally monitor each critical aspects of the business and are well supported by team of competent, dedicated professional and technical in production and other functional area of business.
INDUSTRY OUTLOOK
The product of the Company are used predominantly in the Auto Components, white goods and in Power Transmission (Cables) industries. With the Indian economy growing rapidly, huge investments in the power sector is expected and consequently a good demand for power cables is expected, which in turn will steer the Galvanised Wire/strips sales of the Company. Besides Power Cables, the company caters to the automotive components and the white goods sectors, both of which have a promising growth potential. The rural penetration of white goods continues to be extremely low in India inspite of a surge in the purchasing power in the rural economy. As power availability improves, the demand for white goods in the rural economy shall drive the demand for the same in the country thereby leading to a demand for the products of the Company.