Zenith Birla enters into one time settlement with Bank of Baroda

06 Jan 2020 Evaluate

Zenith Birla has entered into One Time Settlement (OTS) with Bank of Baroda against the credit facilities availed by it. The Company have accepted one time settlement 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). 

Zenith Steel Pipes Share Price

7.47 -0.16 (-2.10%)
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