The objects for which the company is established are the following:-

(A) MAIN OBJETS:

1. To carry on business buyers, sellers, suppliers, traders, merchants, importers, exporters, indentors, factors, manufacturers, producers, agents, buying & selling agents, brokers, commission agents, assemblers, packers, stockists, distributors, fabricators, rollers, re-rollers, hire purchaser and dealers, of and in all kinds of metals ferrous and non-ferrous metals, ferro alloys, ferro silicon, grogs, mill scale tin, brass, ferro molybdenum, ferro tugston, ferro titanium, ferro niobium, ferro chrome, copper, and all sorts of other metals, dealers in all kinds and description of iron and steel, structural steel, stainless steel, carbon steel, alloy steel, mild steel, micro-alloy steel, tool steel and other special steel group and their products such as ingots, billers, blooms, sheets, strips, rounds, rods, slabs, I-Beams, H-beams, rails, joints, joist, channels, angles, rolls, steel, strips, plates plain and cooled twisted bars, Z-sections, shafting, structural pipes, tubes, wires etc., and all other varieties of prifiles and products whether forged, rolled, cast or drawn.

2. To carry on the business of founders of ferrous and non ferrous metals sheet metal works, mechanical structural electrical and metallurgical engineers, to carry on the work of cast iron foundry for the manufacture of all types of pipes and pipe-fittings, water resrvoirs, drainage requsites including manhole frames and covers graftings and ladders, cast iron sanitry appliance and fitting including flushing cisterns, bath-tubes, wash-basins, cast iron, building requisites including railing, spiral stairs, ladders, ventilators, ornamental window frames, pillars, agricultural implements including choppers, sloughs, cast iron, railway casting including sleepers, fish plates wheels and other fittings household requisites and utensils including cooking pans, containers, coal mining and engineering requisiteincluding opinions, tube-wheels pump parts and other general and special castings. To carry on the work of mechanical and electrical engineers and to run a workshop to undertake and execute all type of mechanical and structural jobs of manufacturing, fabrication and erection of building and articles and to do various types of sheets, metal work including manufacturing and construction of storage tanks, buckets, drums various types of containers and other similar items that may be easily marketable.

(B) The Objects Incidental or Ancillary to attainment of main objects :

1. To undertake, carry out, promote and sponser rural development including any program for promoting the social and economic welfare of, or the uplift of the public in any rural area and to incur any expenditure or any program of rural development and to assist in execution and promotion thereof either directly or through an independent agency or by payment of any sum toan association or institution having the object of undertaking any program on rural development or in any other manner. Without prejudice to the generality of the foregoing, program of rural development shall also include any program for promotingthe social economic welfare of or the uplift to the public in any 'rural areas' shall include such area as may be regarded as rural areas for the purpose of Income Tax Act, 1961 or any other law relating to rural development for the time being in force or as may be regarded by the Directors as rural areas and the Directors may, in order to implement any of the abovementioned objects or purposes, transfer or divest the ownership of any property of the Companywithout consideration, or at suchfair or concessional values as the Directors may think fit to or in fafour of any public or local body or authority or Central or State Government of any public institution or Trusts of Funds or any society registered under the Societies Registration Act, 1860 or bodies Corporate registered under the Companies Act, 1956 as the Directors may approve.