Steelco Gujarat

Steelco Gujarat Limited is a listed public company based in Gujarat, India, that is directly engaged in the business of manufacturing and processing steel. The company's core philosophy is that for sustained success, it must maintain global standards of corporate conduct towards all its stakeholders, including shareholders, customers, and employees. It has a stated focus on good corporate governance, which it considers a key driver for sustainable corporate growth and long-term value creation. Having been non-operational since November 2019, the company recently underwent a Corporate Insolvency Resolution Process (CIRP) to facilitate its revival. A new management team is now in the process of implementing an approved Resolution Plan to bring the company back into full operation. As part of this revival, the new resolution applicant has infused funds of Rs. 86.15 crores to settle payments with creditors and employees.;