IL&FS Securities Services has acquired 148830 equity shares of Rs 10 each representing 2.76% of the paid-up Capital of Zenith Exports on July 9, 2018. Further, post-acquisition IL&FS Securities Services holds 308224 equity shares of Rs 10 each representing 5.71% of the paid-up Capital of the company.
Zenith Exports is engaged in spinning, dyeing, weaving and finishing all kinds of fabrics. The company offers quality products including fabrics, made ups and accessories to the global furnishings and fashion trades.