Incorporated in October 2012, Kalana Ispat Limited primarily manufactures M.S. Billets and Alloy Steel Billets of various grades.
Varghese Joseph Pottakerry, a shareholder in Kalana Ispat, has acquired 7,80,588 equity shares. This acquisition, completed via warrant conversion, totaled Rs 1 Crore. The transaction increased his direct shareholding in Kalana Ispat from 16.07% to 19.63%, marking a notable shift in his stake.