Rathi Steel and Power Limited, a prominent member of the P.C. Rathi Group based in Delhi, has announced a significant milestone in its growth. In a filing pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company revealed that it has received the Bureau of Indian Standards (BIS) license for its SS 550 Reinforcement Bars.
The approval, granted by the National Standards Body of the Government of India, allows Rathi Steel and Power Ltd to use the BIS standards mark on its high-strength deformed stainless steel bars and wires for concrete reinforcement, specifically in the 32 mm diameter category. This certification is a crucial step for the company in enhancing the credibility of its products in the market.
The company further stated that it is actively working on obtaining similar approvals for other diameters and sizes of reinforcement bars to expand its product range and ensure a comprehensive product offering for the construction industry.