The commercial production was commenced in 1992 with erection of first Galvanized Plant with a installed Capacity of 3600 MTPA at Sinnar, Nashik.. In 1994, our Company increased its installed capacity from 3600 MTPA to 6100 MTPA by de-bottling of galvanized plant. In 1997, our Company did its first expansion by setting up second galvanizing plant with an installed capacity of 5400 MTPA which increases our total installed capacity from 6100 MTPA to 11,500 MTPA. On September 30,1998 M/s Kamal Wire Drawing, a proprietary concern of Mr. Vijay Kachardas Vedmutha was taken over by our Company as a going concern along with all its assets and liabilities for consideration of Rs. 401.74 Lacs. Towards this, our Company allotted 16,43,768 equity shares of Rs. 10/- each fully paid at a premium of Rs.14.44 per equity share to Mr. Vijay K Vedmutha. M/s Kamal Wire Drawing, a proprietary concern was in operation since 1988 having a wire drawing capacity. Our Company had galvanizing capacity located at the adjacent plot. In order to obtain ISI Marks to our products it was required to have a in house wire drawing capacity. As both the units were adjacent to each other the said takeover was effected to have synergies of operation. On March 31, 2000 M/s Testing Engineers & Associates, a proprietary concern of Mr. Ajay Kachardas Vedmutha was taken over as a going concern along with all its assets and liabilities for the lumpsum consideration of Rs. 5.00 Lacs. Towards this, our Company allotted 50,000 equity shares of Rs. 10 /- each fully paid in favour of Mr. Ajay Kachardas Vedmutha. The said proprietary concern was engaged in the business of technical consultancy. The same was taken over to have synergies for the technical consultancy division of our company. With a greater demand of products and expanding marketing network, our Company set up third and fourth galvanized plant in 2003 and 2007 at Sinnar, Nashik with an installed capacity of 5300 MTPA and 8500 MTPA respectively. Due to this, our Company's total galvanized capacity increased to 25,300 MTPA. Our Company also increased the wire drawing capacity from 16,800 MTPA to 18000 MTPA in the year 2005 and subsequently increased the capacity from 18000 MTPA to 60,000 MTPA. In order to increase the product range, our Company set up P.C. Wire Line with an installed capacity of 10,800 MTPA. Our company had a separate division named K.R. Bedmutha & Techno Associates (KRBTA). KRBTA provides consultancy services such as Stability and Safety Certification, NDT Services, 3rd Party Procurement Inspection, Failure Risk Assessment, etc. On July 01, 2008, the Consultancy Division was spinned off into a separate entity named as K.R. Bedmutha Techno Associates Private Limited.

Our Company has also installed wind power turbine in the year 2007. We have entered into MOU with Tejsri developers (P) Limited for operations and maintenance of wind mill. For details of our business, please refer to the chapter Our Business beginning on page no. 75 of this Draft Red Herring Prospectus.

MILESTONES ACHIEVED BY BEDMUTHA INDUSTRIES LIMITED

Year- 1990

Year of Incorporation

Year- 1992

Commenced commercial production of first Galvanized Plant with installed capacity of 3600 MTPA

Year- 1994

De-bottling of existing plant, thereby increasing the Capacity from 3600 MPTA to 6100 MTPA

Approved Vendor of Maharashtra State Electricity Board

Year- 1996

Approved Vendor of Gujarat Electricity Board and Karnataka Electricity Board

Year- 1997

Expansion by adding Galvanized Plant no-2 of 5400 MTPA and total Capacity of 11,500 MPTA

Year - 1998

Backward integration by acquiring the Wire Drawing Capacity from M/s. Kamal Wire with a Capacity of 16,800 MTPA in Sinnar, Nashik.

Year - 1999 Approved Vendor of Rajastan Electricity Board

Year - 2000

M/s. Test Engineers and Associates was taken over by Bedmutha Industries Limited

Year - 2001

Acquired Deemed Export Order from Rajasthan State Electricity Board (RSEB) under World Bank Tender

Year - 2003

3rd Galvanizing plant was installed adding 5300 MTPA

Year 2004

ISO 9001:2000 certification obtained

year- 2005

Wire Drawing Capacity has enhanced from 16,800 MPTA to 18,000 MTPA

Year- 2006

Approved Vendor of Power Grid Corporation

year- 2007

4th Galvanizing plant was installed taking total galvanizing capacity from 16,800 MTPA to 25,300 MTPA

Year- 2008

Expansion of Wire & Wire Products Capacity from 18,000 MTPA to 42,100 MTPA and installation of Wire Nails Capacity of 1800 MTPA and stranding Capacity of 2400 MTPA

Order of Amalgamation passed by Hon'ble High Court at Mumbai of M/s. Ajay Wire Products Private Ltd., Kamdhenu Wire Private Ltd. and Shriram Wire Private Ltd with Bedmutha Industries Limited u/s.391-394 of Companies Act, 1956 in August 2008.

Set up Wind Mill in Karnataka with power generation Capacity of 225 KW

Spin-off of K.R. Bedmutha Techno & Associates consultancy division into separate entity.

Wire Drawing Capacity enhanced from 42,100 to 60,000 MTPA and P.C.Wire Line with a capacity of 10,800 MTPA

Year- 2009

Name changed to Bedmutha Industries Ltd

Acquired 51% stake in Kamlasha infrastructure and Engineering Pvt. Ltd for implementation of turnkey contract of electrification.

2010

- The Company has been awarded Mega project status by the Government of Maharashtra (GoM) for the proposed expansion of the Company.

The Company has signed the MOU for the manufacturing of LRPC wires, Spring steel wires, GI wires and SS wires.

2014 - Bedmutha Industries Ltd has appointed Mr. Vikramaditya Ugra as Nominee Director on the Board of the Company. 2017 -The company has received letter of award ('LOA') from MP Poorve Keshtra Vidyut Vitaran Co. Ltd. of Rs. 198.61 Crores.