Karma Industries, earlier known as Karma Ispat Limited is a public limited company incorporated on August 13, 1977 under the name of Laxmankumar Birla Trading Private Limited from the Registrar of Companies, Maharashtra. The name of the company was subsequently changed to Laxmankumar Birla Trading Limited on 16th October 1986 and further converted to Scana Color (India) Limited on 16th October 1986 and a fresh Certificate of Incorporation was obtained from the Registrar of Companies, Maharashtra. It was proposed to change the name of the company from Scana Color (India) Limited to Krma Ispat.In 2011 the company changed its name from Karma Ispat Ltd. to Karma Industries Ltd.
The company was incorporated with the main objects of carrying on following businesses:in buying, selling, importing, exporting and or as broker or as commission agents or as indentors in fibre, yarn and textiles either manmade or natural and of cotton, jute, hemp, silk, wool, viscose, polyester, acrylic or any other fiburous material in India or anywhere in the world.
Product range of the company includes:
C. R. Coil, C. R. Sheet, C. T. D. Bar, H. R. Sheet, H. R. Plate, Hot Rolled Steel Plate, Ingot Iron, M. S. Plate, M. S. Angle, M. S. Channel, M. S. Chequered Plate, M. S. Wire, T. M. T Bar, Rebar etc.