The Company was formally created and deployed as a legal entity as "M.D. Inducto Cast Private Limited" under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated September 16, 2010. Subsequently the Company was converted into a public limited company vide fresh Certificate of Incorporation Consequent upon Conversion to Public Limited Company dated May 20, 2015 issued by Registrar of Companies, Ahmedabad and the name of the Company was changed to "M.D. Inducto Cast Limited".

In February 2013, the company commissioned production of M S Billets and in March 2014, the company formally introduced Rudra tmx brands.