Tayo Rolls

Tayo Rolls Limited
Public
Traded as BSE: 504961
Founded 1968
Headquarters Jamshedpur, Jharkhand, India
Key people
 Anand Sen (Chairman)
Om Narayan (Managing Director)
Products Cast rolls, forged rolls, special castings, pig iron
Parent Tata Steel
Website www.tayo.co.in

Tayo Rolls Limited (formerly Tata-Yodogawa Limited) is a metal fabrication and processing company headquartered in Jamshedpur, India and a subsidiary of Tata Steel. Tayo Rolls' products are primarily cast rolls, forged rolls, special castings and pig iron.[1]

Tayo Rolls is listed on the Bombay Stock Exchange with code no.504961.

History

Tata-Yodogawa Limited was founded in 1968 as a joint venture between Tata Steel and the Japan-based Yodogawa Steels.[2]

Shares in Tata-Yodogawa were offered to the public in 1969.[2]

In September 1989, Tata-Yodogawa formed a technical alliance with the Austria-based Eisenwerk Salzauwerfen.[2]

In 1995 Tata-Yodogawa began the production of special castings for power plants.[2]

The name of the company was changed to Tayo Rolls in December 2003.[3]

In January 2010 Tayo Rolls opened a new facility for the manufacture of forgings and forged rolls, constructed at a cost of Rs 168 crore.[4]

Operations

In the fiscal year ended 31 March 2010 Tayo Rolls produced 6,516 tons of rolls; 22,604 tons of pig iron, and 16 tons of special castings.[1] The company has announced it's closure. It plans to close it's operation in September 2016.

References

  1. 1 2 "Profile: Tayo Rolls Ltd (TTYO.BO)". Reuters. Retrieved 22 August 2012.
  2. 1 2 3 4 "Tayo Rolls Ltd. Company History & Profile". The Economic Times. Retrieved 22 August 2012.
  3. ↑ "Two group cos drop Tata brand name". The Economic Times. 26 December 2003. Retrieved 23 August 2012.
  4. ↑ "Tata Steel arm opens forgings unit". The Hindu. 9 January 2010. Retrieved 22 August 2012.

External links

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