Zenith Steel Pipes & Industries share news and announcements
NSE: ZENITHSTLBSE: 531845Industrial ProductsSmall Cap
Formerly Zenith Birla (India)
Last close ₹4.90down ₹0.23 (4.48%)BSE ₹4.88
Share price at the NSE close on 23 Oct 2026. Previous close ₹5.13.
52-week range of traded prices to 23 Oct 2026
₹4.41Low, 29 Jan 2026₹10.33High, 23 Oct 2025
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹70 Cr3,050th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Earlier quarters restated in the year
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
- Net worth zero or below
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business.
- Net worth zero or below
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- Net worth zero or below
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 72,02490.9% delivered
Zenith Steel Pipes & Industries share news and announcements
583 announcements, routine notices left out, newest first. Page 11 of 12.
Jun 2010
24 Jun · Dividend
Board of Directors of the Company in their meeting held on June 24, 2010, the Board of Directors have recommended a final dividend of Rs.2/- per share on the expanded share capital of the company, as on date, subject to the approval of the members of the Company. This includes Rs.1.40 per share, as special dividend, for commemorating the Company's Golden Jubilee year.24 Jun · Corporate action
Board of Directors has decided to reward the shareholders, in the Golden Jubilee year of the Company, by way of bonus issue. The Board has, subject to the approval of the members of the Company, approved the issue of 1 Bonus Share for every 5 equity shares held in the Company as on the Record Date to be fixed in this behalf.16 Jun · Board meeting
Inter alia, to transact the following business :- (1) To recommend final dividend for the year ended on March 31, 2010; (2) To consider, approve and take on record the revised Annual Audited Financial Results of the Company for the year ended on March 31, 2010 (after giving effect of provision of dividend & tax on dividend).
May 2010
29 May · GDRs/GDS
At the meeting of the Committee of the Board of Directors of Zenith Birla (India) Limited (the "Company"), duly convened and held on May 28, 2010, the Company has allotted to 'The Bank of New York Mellon' in its capacity as Depositary, 5,43,57,060 fully paid equity shares of Rs.10/- each of the Company to be represented by a global master GDR certificate representing 18,11,902 Global Depository Receipts14 May · Board meeting
To approve and adopt the Audited Financial Results for the year ended on March 31, 2010.
Apr 2010
13 Apr · Disclosure
Intimation under Regulation 13(6) of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 1992. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Mar 2010
19 Mar · Business
Zenith Birla (India) Limited had informed the Exchange regarding order of the Hon'ble High Court of Judicature at Bombay sanctioning the Scheme of Arrangement providing for demerger of Tooling Business, a Division of the Company and merger of the said division with Birla Precision Technologies Limited and amalgamation of Tungabhadra Holding Private Limited with the Company. In terms of the sanctioned Scheme of Arrangement, the Zenith Birla (India) Limited were to issue to the equity shareholders of Tungabhadra Holdings Private Limited (Amalgamating Company), 19 (Nineteen) Equity shares of the face value of Rs. 10/- each credited as fully paid up of the Company for every 7 (seven) Equity shares of Rs. 10/- each held in Tungabhadra Holding Private Limited. The Company has now informed the Exchange that at the meeting of the Committee of the Board of Directors of the Zenith Birla (India) Limited (the "Company"), duly convened and held on March 19, 2010, the Company has allotted to the shareholders of Tungabhadra Holding Private Limited, 1,36,70,315 fully paid equity shares of Rs. 10/- each of the Company.17 Mar · Issue of shares
The number of shares to be issued by our Company to the shareholders of the Amalgamating Company i.e. Tungabhadra Holdings Private Limited is 13670315 equity shares of Rs.10/-
Feb 2010
22 Feb · Corporate action
Company has fixed 5th March, 2010 as the "Record Date" for the purpose of determining the shareholders of Zenith Birla (India) Limited, who will be entitled to receive Equity Shares of the Birla Precision Technologies Limited (Resulting Company). In accordance of the Scheme, the equity shareholders of Zenith Birla (India) Limited will be issued equity shares of Birla Precision Technologies Limited as on the record date in the ratio of 2 (Two) Equity shares of the face value of Rs.2 each credited as fully paid up of Birla Precision Technologies Limited for every 5 (five) Equity shares of the face value of Rs.10 each held in Zenith Birla (India) Limited. Further the Company has informed that "Zenith Birla (India) Ltd. will issue and allot Equity Shares of Rs.10/- each to the shareholders of the Transferor Company (Tungabhadra Holding Private Ltd.) whose name appear on the Register of Members as on 5th March, 2010 in the ratio of 19 (nineteen) equity shares of the face value of Rs. 10/- each of the Zenith Birla (India) Limited for every 7 ( seven) equity shares of Rs.10/- held in Tungabhadra Holding Private Limited. Further, the Company has submitted the detailed Note on Scheme. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.18 Feb · Business
Hon'ble High Court of Judicature of Bombay sanctioned the Scheme of Arrangement providing for demerger of tools division of the Company and merger of the said division with Birla Precision Technologies Limited and merger of Tungabhadra Holdings Private Limited with the Company. In accordance of the sanctioned Scheme of Arrangement, the equity shareholders of Zenith Birla (India) Limited will be issued equity shares of Birla Precision Technologies Limited as on the record date in the ratio of 2 (Two) Equity shares of the face value of Rs.2 each credited as fully paid up of Birla Precision Technologies Limited for every 5 (five) Equity shares of the face value of Rs.10 each held in Zenith Birla (India) Limited. Further, the Company will issue and allot Equity Shares of Rs.10/- each to the shareholders of the Transferor Company (Tungabhadra Holding Private Ltd.) as on the record date in the ratio of 19 (nineteen) equity shares of the face value of Rs.10/- each of the Company for every 7 (seven) equity shares of Rs.10/- held in Tungabhadra Holding Private Limited. The Scheme is effective from February 11, 2010 i.e. date of filing of the copy of the order of Hon'ble High Court with the Registrar of Companies. The Appointed date of the Scheme is April 01, 2008.10 Feb · Limited Review Report
Auditors have conducted the limited review for the un-audited financial results for the nine months period ended December 31,2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jan 2010
30 Jan · Utilisation of Funds
Vide notes to Accounts in the Unaudited Financial Results for the quarter ended December 31, 2009 (taken on record by the Board of Directors of the Company at its meeting held on January 29, 2010 ) regarding the details of Utilization of Public Issue proceeds of Rs. 131 crores towards ongoing project. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.21 Jan · Board meeting
Amongst other things, to take on record the Un-audited Financial Results of the Company for the quarter and nine months ended on December 31, 2009.
Nov 2009
24 Nov · Limited Review Report
Auditors have conducted the limited review for the un-audited financial results for the quarter and half year ended September 30,2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.4 Nov · Updates
Revised Financial Results with the correct figures. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Oct 2009
29 Oct · Utilisation of Funds
Vide notes to Accounts in the Unaudited Financial Results for the quarter ended on September 30, 2009 (taken on record by the Board of Directors of the Company at its meeting held on October 28, 2009) regarding the details of utilization of Public Issue Proceeds of Rs. 131 crores towards ongoing project. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.20 Oct · Board meeting
Amongst other things, to take on record the Un-audited Financial Results of the Company for the quarter and six months ended on September 30, 2009.
Sep 2009
25 Sep · Meeting
At the Annual General Meeting of the Company held on September 24, 2009 the shareholders have transacted the following business : 1) Approved and adopted the Audited Balance Sheet as at March 31, 2009 and the Profit and Loss Account for the year ended on that date and the Reports of the Directors and the Auditors thereon. 2) Declared a dividend @ 6% i.e. Rs. 0.60 per Equity Share for the year ended March 31, 2009. 3) Reappointed the retiring Director, Shri Aniruddha Barwe. 4) Reappointed M/s. Dalal & Shah, Chartered Accountants, as Statutory Auditors. 5) Appointed Shri P.V.R. Murthy as a director liable to retire by rotation. 6) Appointed Shri M.S. Arora as Managing Director and approved the revision in his remuneration, subject to other necessary approvals.16 Sep · Limited Review Report
Auditors have conducted the limited review for the un-audited financial results for the quarter ended June 30,2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Aug 2009
28 Aug · Corporate action
Board of Directors in their meeting held on August 27, 2009 has approved the Closure of the Register of Members and Share Transfer Books from September 17, 2009 to September 24, 2009 (both days inclusive), for the purpose of Annual General Meeting to be held on September 24, 2009 and for payment of dividend @6% i.e.Rs.0.60 per equity share.28 Aug · Management
Vide notes to Accounts in the Annual Audited Financial Results of the Company for the year ended on March 31, 2009 (taken on record by the Board of the Directors of the Company at its Meeting held on August 27, 2009) regarding Auditor's Observations in the accounts for the year ended March 31, 2009 for :- basis of valuation of inventory at one of the Division and pending confirmation of balances under various heads of accounts and their impact if any, not ascertainable have been explained in the notes to the accounts for the period ended March 31, 2009 and there is no material change therein.28 Aug · Utilisation of Funds
Vide notes to Accounts in the Annual Audited Financial Results for the year ended on March 31, 2009 (taken on record by the Board of Directors of the Company at its meeting held on August 27, 2009) regarding the details of utilization of Public Issue Proceeds of Rs. 131 crores towards ongoing project. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.27 Aug · Meeting
Board of Directors of the Company at its meeting held on August 27, 2009 interalia, has transacted the following : 1) The Board has recommended for the payment of Dividend @ Rs. 0.60 paise per equity share for the financial year ended March 31, 2009. 2) The board decided to call the Annual General Meeting of the members of the Company on September 24, 2009 and approved the draft notice calling the AGM.19 Aug · Board meeting
Inter alia, for undertaking the following businesses: 1) To consider, approve and take on record the Annual Audited Financial Results of the Company and Auditors Report thereon for the year ended on March 31, 2009. 2) To recommend payment of Dividend, if any.
Jul 2009
29 Jul · Change in Board of Directors
Board of Director have at their board meeting held on July 27, 2009, inter-alia, has made the following changes: 1) Mr. M. S. Arora , CEO & Executive Director has been redesignated as "Managing Director" of the Company with immediate effect, subject to the necessary approvals, and 2) Mr. P.V.R. Murthy has been appointed as an Additional Director ( Non-Executive, Non-Independent) of the Company with immediate effect.28 Jul · Utilisation of Funds
Vide notes to Accounts in the unaudited financial results for the quarter ended June 30, 2009 (taken on record by the Board of Directors of the Company at its meeting held on July 27, 2009) regarding the details of utilization of Public Issue Proceeds of Rs. 131 crores towards ongoing project. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.28 Jul · Management
Vide notes to Accounts in the Unaudited Financial Results for the quarter ended June 30, 2009 (taken on record by the Board of Directors of the Company at its meeting held on July 27, 2009) Regarding Auditors Observations in the accounts for the year ended March 31, 2009 for :- basis of valuation of inventory at one of the Division and pending confirmation of balances under various heads of accounts and their impact if any, not ascertainable have been explained in the notes to the accounts for the period ended March 31, 2009 and there is no material change therein.20 Jul · Business
Notice of the date of hearing of petition in the matter of Scheme of Arrangement between Zenith Birla (India) Ltd, the Applicant Company, Birla Precision Technologies Ltd. and Tungabhadra Holdings Pvt Ltd and their respective Shareholders, published in the newspaper on July 08, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.17 Jul · Board meeting
Amongst other things, to take on record the Un-audited Financial Results of the Company for the quarter and three months ended on June 30, 2009.
May 2009
29 May · Outcome of Court Convened Meeting
Equity shareholders of Zenith Birla India Limited at its meeting held on May 29, 2009 have approved the Scheme of Arrangement between Zenith Birla (India) Limited, the Applicant Company and Birla Precision Technologies Limited and Tungabhadra Holdings Private Limited and their Respective Shareholders. The Said Scheme is subject to the approval of Hon'ble High Court of Bombay and completion of other necessary formalities.21 May · Limited Review Report
Auditors have conducted the limited review for the un-audited financial results for the quarter ended March 31, 2009. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.14 May · Notice of Meeting
By an order made on April 03, 2009 and further order dated April 16, 2009 in Zenith Birla (India) Limited, the High Court of Judicature at Bombay has directed that a meeting of the Equity Shareholders of Zenith Birla (India) Limited, be convened and held on May 29, 2009 for the purpose of considering and, if thought fit, approving with or without modifications, the Scheme of Arrangement between Zenith Birla (India) Limited, Birla Precision Technologies Limited and Tungabhadra Holdings Private Limited and their Respective Shareholders. The copy of the notice of said meeting shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.6 May · Management
Shri Sanjay Budhia has resigned as a director of the Company w.e.f. 24th April, 2009 and the board of directors at the meeting held on April 29, 2009 has accepted his resignation
Apr 2009
30 Apr · Management
Auditor's Observations in the accounts for the year ended March 31, 2008 (taken on record by the Board of Directors of the Company at its meeting held on April 29, 2009) for :- basis of valuation of inventory at one of the Division and pending confirmation of balances under various heads of accounts and their impact if any, not ascertainable have been explained in the notes to the accounts for the period ended March 31, 2008 and there is no material change therein.30 Apr · Utilisation of Funds
Vide notes to Accounts in the unaudited financial results (provisional) for the quarter ended March 31, 2009 (taken on record by the Board of Directors of the Company at its meeting held on April 29, 2009) regarding the details of utilization of Public Issue proceeds of Rs. 131 crores towards ongoing project. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.29 Apr · Board meeting
Zenith Birla (India) Limited had informed the Exchange regarding extension of the Financial year by six months (i.e. from April 01, 2008 - March 31, 2009 to April 01, 2008 - September 30, 2009) and Annual General meeting by three months. The Company has now informed the Exchange vide its letter dated April 29, 2009 that : "However, in the Board meeting held today, the Board has decided to adopt the normal financial year ending 31st March, 2009 (12 months). Consequently, the decision to extend the Financial Year by six months has been rescinded".22 Apr · Board meeting
Amongst other things, to take on record the Un-audited Financial Results of the Company for the quarter and 12 months ended on March 31, 2009.21 Apr · Extension of Financial Year / Others
The Company has filed a Scheme of Arrangement/Amalgamation u/s 391-394 of the Companies Act, 1956 before the Hon'ble High Court at Bombay seeking approval of demerger of tool division of the Company and merger of the said division with Birla Precision Technologies Limited and merger of Tungabhadra Holdings Private Limited with Zenith Birla (India) Limited. As the confirmation and approval of the scheme is pending at the High Court and the appointed date for the scheme of Arrangement/Amalgamation being 1st April, 2008, it was proposed to extend the Financial Year of the Company, by six months i.e. from '01.04.2008-31.03.2009' to '01.04.2008-30.09.2009', so as to facilitate the scheme of Arrangement/Amalgamation. The extension of the financial year would enable the Company to provide for the consolidated accounts after giving effect of the scheme of Arrangement/Amalgamation. The extension of the Financial Year will also require the extension of the Annual General Meeting of the Company by three months. The Board of Directors of the Company, through circular resolution, has approved the extension of the Financial Year by six months and extension for holding the Annual General Meeting by three months, subject to the approval of the Registrar of Companies, Maharashtra
Feb 2009
16 Feb · Disclosure
Disclosure pursuant to Regulation 8A(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.12 Feb · Limited Review Report
Auditors have conducted the limited review for the un-audited financial results for the quarter ended December 31,2008.A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.6 Feb · Management
Shri Lalit Sharma has resigned from the post of the Company Secretary and Compliance Officer of the Company w.e.f. January 07, 2009
Jan 2009
28 Jan · Utilisation of Funds
Vide notes to Accounts in the unaudited financial results for the quarter ended December 31, 2008 (taken on record by the Board of Directors of the Company at its meeting held on January 23, 2009) regarding the details of utilization of Public Issue Proceeds of Rs. 131 crores towards ongoing project. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.14 Jan · Board meeting
Amongst other things, to take on record the Un-audited Financial Results of the Company for the third quarter October - December, 2008.
Nov 2008
19 Nov · Limited Review Report
Auditor's have conducted the limited review of the unaudited financial results for the quarter ended September 30, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Oct 2008
22 Oct · Utilisation of Funds
Vide notes to Accounts in the unaudited financial results for the quarter ended September 30, 2008 (taken on record by the Board of Directors of the Company at its meeting held on October 22, 2008) regarding the details of utilisation of Public Issue Proceeds of Rs. 131 crores towards ongoing project. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.22 Oct · Business
The Board of Directors of the Company have approved the composite Scheme of Arrangement for De-merger and Scheme of Amalgamation, as mentioned below, at its meeting held today i.e 22nd October, 2008. The Scheme would be subject to all the necessary permissions, sanctions and approvals, including inter alia, of shareholders, lenders, Stock Exchanges, High Court(s) to the Scheme of Arrangement and Amalgamation and other regulatory authorities, if any. The salient features of the composite scheme of Arrangement and Amalgamation is as under: (1). Appointed Date for the scheme of Arrangement and Amalgamation is April 01, 2008. (2). De-merger of Tools Division ("ITM") of Zenith Birla (India) Limited (ZBIL) into Birla Precision Technologies Limited (BPTL). (3). Amalgamation of Tungabhadra Holdings Private Limited (THPL) with Zenith Birla (India) Limited10 Oct · Board meeting
Meeting on 22 Oct 2008: “Unaudited financial results for qtr ended September 30, 2008/Unaudited Financial Results/Others”
Sep 2008
17 Sep · Meeting
Proceedings of the Annual General Meeting of the Shareholders of the Company held on September 15, 2008. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.