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Steel Strips Wheels Ltd was incorporated in 1985 and started its operations in 1991. It designs, manufactures, and supplies Steel Wheel Rims and Alloy Wheels for a wide range of domestic and global automobile makers. It is Headquarter in Chandigarh.
Steel Strips Wheels Limited will hold its 40th Annual General Meeting on Sep 30, 2026. The Annual Report for FY26 is available on the company website.
SSWL is expanding with a new plant in Bhuj, Gujarat. The company achieved operational efficiencies with reduced energy and water intensity, and zero fatalities. Sustainability efforts include 76.83% renewable electricity at Chennai and aiming for water neutrality by 2030. No material fines or product recalls were reported.
The company unveiled plans for new alloy wheel and aluminum steering knuckle units in Bhuj, Gujarat, boosting capacity by 1.2M and 0.6M units annually. FY26 standalone revenue rose 16.93% to Rs 5,194.67 Cr, but PAT decreased 3.75% to Rs 202.09 Cr. The board approved increasing borrowing limits to Rs 3,500...
Steel Strips Wheels (SSWL) announced its 40th Annual General Meeting (AGM) to approve dividend entitlement. A record date, book closure, and e-voting schedule have been finalized. Investors should note these key events for participation.
SSWL acquired additional shares in Echanda Urja Private Limited for Rs 0.0376 Cr, raising its stake to 5.57%. This strategic move aims to secure more wind power for its Chennai plant, thereby reducing energy costs for the company.