Zenith Steel Pipes & Industries Share price

Our Company was incorporated under the provisions of Companies Act on August 5 1960 Our company waspromoted by house of Birla and received its Certificate of Commencement of business 17th August 1960 asZenith Steel Pipes Limited with the main object to manufacture black welded and galvanized steel pipesWe have changed our name as under:1. From Zenith Steel Pipes Ltd. in 1960 to Zenith Steel Pipes & Industries Ltd. with effect from 31st October 1975.2. From Zenith Steel Pipes and Industries Ltd. to Zenith Ltd. with effect from 28th January19863. From Zenith Ltd. to Zenith Birla (India) Ltd. with effect from 18th October 2005.Changes in Registered Office of our CompanyThe Registered Office of our Company was changed from Industry House 159 Churchgate ReclamationMumbai ? 400 020 to Moti Mahal 195 Churchgate Reclamation Mumbai ? 400 020 in the year 1963-1964and then to the present address at Dalamal House 1st Floor J. B. Marg Nariman Point Mumbai ? 400 021with effect from October 30 2002.1. 1960 Incorporation of Co. as Zenith Steel Pipes Ltd. for Mfg. Of Steel Pipes & Tubes2 1960 1st Public Issue of Equity Shares3 1961 Started Factory at Khopoli for Pipe Mfg.4 1962 Pipe production started at Khopoli5 1968 Rolls & Shears Divisin (RSD)/Tool Mfg. Division (TMD) Started6 1974 Special Steel Division Started at Khopoli7 1980 Chemical Division started at Boisar for Mfg. Dyeintermediates & production started8 1981 Joint Venture in PT South Pacific Viscose incorporated in Indonesia9 1980-81 Paper Plant at Banah (Punjab) started10 1982 Indian Tool Mfrs. Ltd. merged with the Co.11 1982 Textile Division of M/s. Indian Tool Mfrs. Ltd. became a division of our Co. after its merger with the Co.12 1982 M/s. Avit Overseas Corporation New York Subsidiary of ITM became our Subsidiary Co.13 1982-83 Equity Shares alloted to the holders of 13.5% Secured Debentures of Rs. 120/- each in terms of Right attached14 1983-84 Allotment of Equity Shares in terms of scheme of amalgamation of ITM with the Co.15 1989 Created new Division `Zenith International' for Exports16 1991 Co. had gone under BIFR17 1992 Co. was declared as Sick Industrial Co. by BIFR18 1994-95 Paper Division was sold to M/s. Shreyans Industries Ltd.19 1995-96 Reduction of Equity Share Capital by 75% as per BIFR Order dated 08-01- 199620 1996 Special Steel Division sold to M/s. Isibars Ltd.21 1997 Rehabilitation Scheme sanctioned by BIFR was implemented22 2000 BIFR declared that the Co. ceased to be a Sick Industrial Co.23 2002 3 New subsidiary companies formed: (1) M/s. Valueworth Trade Pvt. Ltd. (2) M/s. Zenith Dyeintermediates Ltd. & (3) M/s. Khamgaon Syntex India Ltd.24 Nov.-2004 Chemical Division hived off & sold to M/s. Nipur Chemicals Ltd.25 2005 Textile Division transferred to M/s. Khamgaon Syntex India Ltd.26 2005 Change of Name as `Zenith Birla (India) Ltd.'