- Business
- Mipco Seamless Rings (Gujarat) Limited operates as a public company listed on the Bombay Stock Exchange with no significant current operations; previously engaged in manufacturing forged and rolled rings, machined and unmachined for bearing races, forged combination rings, and smaller size rings, as well as information technology and IT-enabled services in the media and entertainment stream. Incorporated on January 29, 1980, in Bharuch, Gujarat, India, the company shifted its registered office to Bangalore, Karnataka in 2015 and its corporate office to Hyderabad, Telangana, where it maintains headquarters at 23-88/7-1 RK Nagar, Anandbagh, Malkajgiri, Hyderabad 500047; it installed wind turbines in 1988 to support power needs and expanded capacity to 10 million rings annually. Recent developments include the appointment of Vikky Jain as additional whole-time director and Nikitha Sarda as non-executive independent director in 2024 and 2025, respectively, alongside entering a binding memorandum of understanding to acquire Satyacare Solutions Private Limited, shifting the registered office within Hyderabad in March 2025, appointing a new company secretary and internal auditor, and multiple management changes such as resignations of the managing director, CFO, and prior company secretary.