- Business
- MFS Intercorp Limited (BSE: MFSINTRCRP.BO), formerly Muskan Ferro Silicons Limited, engages in steel processing, trading, and allied activities in India, serving infrastructure, engineering, and real estate sectors; it offers steel-related products through trading and processing operations with no significant manufacturing activities currently. Incorporated on January 14, 1986, and headquartered in Ahmedabad, Gujarat, the company originally focused on ferro alloys production including ferro silicon and silico manganese but shifted to trading following changes in market demand. Geographically, it operates primarily in India with a focus on domestic markets.
In recent developments, the company appointed Kiran Vishwakarma as Whole Time Director and Chairman in 2024, added new directors including Pritesh Ashvinbhai Patel and Satishkumar Suthar as Additional Non-Executive Non-Independent Directors in 2025, and held board meetings to approve unaudited financial results amid ongoing net losses, such as Rs 0.07 crore in September 2025 and minimal revenues.