|₹116.3 / ₹58.5|
What is shareholding pattern? Who are shareholders?
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Zenith Export (ZEL) was incorporated in Jul. '81 to take over the partnership business of Zenith Enterprise, a family business promoted by B R Loyalka in 1969. Bilas Rai Loyalka is the chairman and Raj Kumar Loyalka is the managing director of the company. ZEL manufactures and exports industrial leather hand-gloves and handloom silk fabrics as well as silk made-ups. ZEL has arrangements with many silk weavers in and around Bhagalpur, Varanasi and Bangalore to manufacture silk fabric on a job-work basis. The company went public in Apr. '95 (premium : Rs 180) to part-finance a 100% EOU to manufacture 100% natural silk fabric, and to diversify by setting up a spinning unit. Both units were commissioned in the second half of 1995.