Simplex Castings has bagged an order worth Rs 18 crore from Ministry of Railways (Railway Board) for manufacture & supply of Cast Steel Bogies for Container flat wagons for the usage of Container Corporation of India Ltd (a Ministry of Railways PSU).
This order will be add-on to the performance of the company in financial year 2016-17. This order will be add-on to the performance of the Company in financial year 2016-17. The above information is a part of company’s filings submitted to BSE.
Simplex Castings Limited is premier manufacturing organization in India, with global business presence. Simplex Castings is engaged in manufacturing of engineering castings in various grades for core industrial sector like steel, power, railroad equipment, mining, cement, defence, sugar and other specialized areas in as cast, machined and in assembled condition.
Company was established a way back in the year 1970 as a ferrous foundry, as a partnership firm, It was converted into Private Limited Company registered under the Indian Companies Act, with its registered office at Mumbai, India on 30th of January “1980. Thereafter, in year 1993, company was listed with Bombay Stock Exchange, turned a public limited company with shares held by public, financial institutions, rated as SME-II Grade Company, having its registered office at Mumbai and corporate office in Bhilai, India, since then rapidly spreading its business presence with branch office & sales agents in India and worldwide.