- Incorporated
and promoted by Stewarts & Lloyds, UK in 1937
- The
Company diversified into design, manufacture, fabrication, supply
and erection of pipe work as early as 1947.
- Over
the years, it became the principal pipe work engineering company to
the emerging core sector of Indian industries
- The
company went public in 1965
- Acquisition
of its overseas holdings made by TATA STEEL in 1992
- Indian
Oil Tanking Limited (IOTL) acquired the company from TATA STEEL in
2004 and it is now a subsidiary of IOTL
- Headquartered
in Kolkata, the company has work centers in various places of India
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