Zenith Birla enters in OTS with PNB, Edelweiss Asset Reconstruction

Zenith Steel Pipes & Industries Ltd. | Steel & Iron Products | Metals & Mining | BSE: 531845 | NSE: ZENITHSTL

17 Dec 2018 Evaluate

Zenith Birla (India) have entered in One Time Settlement (OTS) with Punjab National Bank (PNB) and Edelweiss Asset Reconstruction company against the credit facilities availed by the company. The company have accepted OTS proposal and committed to act as per terms of proposal. Further, strategically this OTS proposal will support financial position of the company.

Zenith Birla (India) is a leading manufacturer of Steel Pipes in India. It is at present engaged in the manufacturing of welded steel pipes (black & galvanized).

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JSW Steel	1284.75
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
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Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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