4.70 -0.10(-2.08%)
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Zenith Steel Pipes & Industries Limited was formerly incorporated as 'Zenith Limited' on August 5, 1960. The name of the Company was changed from 'Zenith Limited' to 'Zenith Birla (India) Limited' on October 18, 2005 and later, to 'Zenith Steel Pipes & Industries Limited' on February 12, 2020. The Company has pioneered in the field of manufacturing of ERW and Hot Dip Galvanized Steel Pipes. They operate in two divisions, namely pipes division at Khopoli and tools division at Nasik and Aurangabad. The tool division is engaged in manufacturing HSS cutting tools and is focused towards the auto/engineering segment.The company was established with the main object to manufacture black welded and galvanized steel pipes and was promoted by house of Birla. Also, they came out with their first public issue of equity share during the year.In 1961, the company started factory at Khopoli for Pipe Manufacturing and in the year 1992, they commenced commercial production at Khopoli. In 1968, they started Rolls & Shears Division (RSD)/ Tool Mfg. Division (TMD). In 1974, they started special steel division at Khopoli.Till 1971, the company was manufacturing Steel Pipes by medium frequency electric resistance contact welding process. Thereafter, the manufacturing process was convert...