MEENAKSHI STEEL INDUSTRIES LTD

Operates primarily as a finance and investment company, with filings explicitly describing its business as such despite being classified under iron and steel products. The bulk of revenue comes from interest income on lending and investment activities, with operations run on a small scale. Borrowings fund the lending book and finance costs form the dominant expense line. Employee and other operating costs are minimal at roughly 1.2% and 1.4% of revenue respectively, with no materials, depreciation or capex recorded. The company also carries exposure to an associate, Sushree Trading, whose accumulated losses have been absorbed into retained earnings. It has no subsidiaries and is listed only on BSE.