| Baheti Recycling Industries Limited was originally incorporated as a Public Limited Company under the name of 'Baheti Metal And Ferro Alloys Limited' on December 28, 1994. Subsequently, the Company name was changed from 'Baheti Metal And Ferro Alloys Limited' to 'Baheti Recycling Industries Limited' vide a fresh Certificate of Incorporation dated January 25, 2022, issued by the Registrar of Companies, Gujarat.
Baheti is an aluminium recycling Company, primarily engaged in processing aluminium based metal scrap to manufacture aluminium alloys in the form of ingots and aluminium deox alloys in the form of cubes, ingots, shots and notch bar. Company's main products line includes Aluminium Wire Rod, Aluminium Deox, Cored Wire, Aluminium Alloy Ingots, Ferro Titanium, and Conductor & Cables. The versatile properties of aluminium and its alloys, results in it being used in various industries, including automobiles, construction, electrical transmission application, food packaging etc. Apart from these, the Company is engaged in trading of scrap materials such as aluminium scrap, brass scrap, copper scrap, zinc scrap etc.
In year 1995-96, the Company commenced their manufacturing operations of aluminium alloys in Dehgam Taluka, Gujarat.
During the financial year 2021-22, the entire business undertaking of Yash Metals Private Limited got amalgamated with the Company as a going concern through the Scheme of Amalgamation, which became effective from March 07, 2022.
The Company came out with a Public Issue during November, 2022 by raising Rs. 12.42 Crores through Fresh Issue and by issuing upto 27,60,000 Equity Shares.
The Company entered into Tier I OEM supply chains in FY25, serving more than 10 industrial applications and maintaining long-term relationships with prestigious automotive clients including Ashley Alteams, Uno Minda, Samvardhana Motherson, and Caparo India . The Company installed first of two Modernised and High-Tech Tilting Rotary Furnaces (TRFs) and Skelner Furnaces which have advanced thermal systems in FY 2025. |