Corporate Information

Kedia Group entered the arena of the foundry industry in the year 1964, with the formation of Nitin Castings Ltd., a group company, with centralized facilities located at Thane, an eastern suburb 32 kms away from the financial capital of India, Mumbai.

Nitin made rapid strides to achieve full recognition in manufacturing high quality alloy steel castings, comparable with those which were being imported from various developed countries and gained acknowledgement and acceptance for import substitution in several core sector industries of national importance.

1974 was to be another landmark year in the history of Nitin. The company entered into a technical collaboration with M/s Schmidt + Clemens of Germany, and imported advanced technology for the manufacturing of various cast products. The technology absorption & update went on till 1989, when the technical collaboration ended making Nitin a fully independent company to expand its horizons and meet the increasing demand of castings Nitin Alloy Global Limited was started.

A large and highly skilled workforce manning its manufacturing and quality control facilities and with a national and global network of service points, Nitin is fully geared to meet the entire range of requirements of castings for various industries like Cement, Steel, Power, Oil & Gas and other major Engineering Industries in India and abroad.

During the year 2006-07, Nitin further expanded its manufacturing activities. Nitin Castings Limited was expanded to manufacture Manganese Steel, Low Alloy Steel, Chromium Steels and so on besides the existing grades of Heat, Corrosion & Wear Resistance Alloys. The manufacturing capacity, after this expansion is 3,000 Tones Per Annum. The expanded facility has State Of the Art brand new Centrifugal, Static Casting and Shell Molding manufacturing plant with Machining, Fabrication and all kinds of finishing and testing facilities to give fully machined products to its customers in ready to fit condition.

2014 was another landmark year as a 300 MT/year Investment Casting Plant was set up to cater to Valve & Pumps, Defence, Surgical, Marine, Automotive , Aerospace and General Engineering sectors. This made Nitin Castings Limited one of the few foundries in the world having Centrifugal, Static, Shell Molding and Investment Castings facilities under one roof.

Vision

Nitin Castings is currently in the business of manufacture and supply of High Alloy Steel Castings by Centrifugal and Static processes as well as Assemblies consisting of Cast & Wrought Products.

Our Misssion is to establish and continually improve our image as a timely supplier of value added products of excellant quality at competitive prices.

Nitin values its reputation for honesty, integrity, total commitment and fair business practices,above anything else. At Nitin no job is too small or too big. Every client is entitled to the best possible product, at the best possible price, delivered in the best possible time frame. NITIN commits to every client its total skill, energy and expertise without any reserve. There is never a conflict between expediency and integrity.

Nitin believes in the dignity of labour and the right of every working person to harness a fair reward for the efforts put in.

Nitin firmly believes in - "The right man for the right job" - a man with appropriate qualifications and complete motivation to execute the job with the pride and competence, befitting NITIN.

Nitin stands for free enterprise, fair competition and a rightful share of returns, accounting for the risk, effort and investment put into the enterprise.

NITIN also acknowledges, the often unknown and unsung contributors to its success-the suppliers of raw materials and services, manufacturers, providers and contractors of capital goods, the financial institutions and other organizations who form an integral and such essential part of NITIN'S team and make NITIN'S performance so much more valuable to its clients.

NITIN adheres rigidly to the industrial Safety norms and procedures, for a human limb or life is infinitely more precious than any job on hand.

And lastly NITIN does not necessarily aspire to be the largest casting company in the country but it certainly strive to be always the best.

Board of Directors

# Full Name Designation Category
1 Mr. Nitin Kedia Director Executive
2 Mr. Nirmal Kedia Director Executive
3 Mr. Shyamlal Agarwal Whole Time Director Executive
4 Mr. Nipun Kedia Director Executive
5 Mr. Arvind Balkrishna Jalan Independent Director Non- Executive
6 Ms. Preethi Anand Independent Director Non- Executive
7 Mr. Ravi Nevatia Independent Director Non- Executive

Key Managerial Personnel

# Full Name Designation
1 Mr. Murlidhar Gupta Chief Financial officer
2 Mr. Akshaykumar Rao Company Secretary

Familiarization Programme for Independent Directors

The Company believes that the best training is imparted when dealing with actual roles and responsibilities on the job. To this extent, the Company arranges detailed presentation by Business and Functional Heads on various aspects including the business environment, economy, performance of the Company, industry scenario, sales and marketing, production, raw materials, research and development, financial controls, the Company's strategy, etc. During the year one such programme was held.

-->

Nitin Castings Limited

Corporate Office: Prestige Precinct, 3rd Floor, Almeida Road, Panchpakhadi, Thane (West) – 400601, INDIA