Zenith Steel Pipes & Industries Announces Resignation of Company Secretary and Compliance Officer

1 min read     Updated on 07 Feb 2026, 05:09 PM
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Overview

Zenith Steel Pipes & Industries Limited announced the resignation of Company Secretary and Compliance Officer Mr. Prakhar Agarwal, effective February 06, 2026. The company informed BSE and NSE about this key managerial personnel change in compliance with SEBI regulations. Mr. Agarwal cited pursuit of external opportunities as the reason for his departure from the steel pipes manufacturing company.

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Zenith steel pipes & industries Limited has informed stock exchanges about the resignation of its Company Secretary and Compliance Officer, marking a significant change in the company's key managerial personnel structure.

Key Personnel Change Details

The company announced that Mr. Prakhar Agarwal has tendered his resignation from the position of Company Secretary and Compliance Officer through his resignation letter dated February 06, 2026. He will be relieved from his duties with effect from the close of business hours on February 06, 2026.

Parameter: Details
Name: Mr. Prakhar Agarwal
Position: Company Secretary & Compliance Officer (KMP)
Resignation Date: February 06, 2026
Effective Date: Close of business hours on February 06, 2026
Membership No.: A59460

Regulatory Compliance and Disclosure

The resignation was formally communicated to both BSE Limited (Scrip Code: 531845) and National Stock Exchange of India Ltd. (Scrip Name: ZENITHSTL) on February 07, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Disclosure Requirement: Details
Reason for Change: Resignation to pursue opportunities outside the company
Date of Cessation: February 06, 2026 (close of business hours)
Regulatory Framework: SEBI Listing Regulations & Circular CIR/CFD/CMD/4/2015

Reason for Departure

According to the official disclosure, Mr. Agarwal has decided to move on to pursue opportunities outside the company. In his resignation letter, he cited unavoidable circumstances as the reason for his departure and expressed sincere appreciation to the Board and the company.

Company Information

Zenith Steel Pipes & Industries Limited, incorporated in 1960, operates with its corporate office located at Dalamal House, Nariman Point, Mumbai. The company's registered office is situated at Industry House, Churchgate Reclamation, Mumbai. The resignation notification was signed by Minal Umesh Pote, Whole Time Director (DIN-07163539), ensuring proper authorization of the disclosure.

Historical Stock Returns for Zenith Steel Pipes & Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+0.19%+8.73%-27.66%-36.37%-27.06%+318.40%
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Zenith Steel Pipes Reports Rs. 97.94 Lakh Net Profit in Q1

1 min read     Updated on 16 Aug 2025, 03:36 PM
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Overview

Zenith Steel Pipes & Industries Limited announced positive Q1 financial results. The company reported total income from operations of Rs. 2,544.76 lakh and a net profit before and after tax of Rs. 97.94 lakh. Basic and diluted earnings per share stood at Rs. 0.07. The Board of Directors approved the unaudited standalone and consolidated financial results, which underwent a limited review by statutory auditors. The company published the extract of its financial results in newspapers, adhering to regulatory requirements.

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Zenith Steel Pipes & Industries Limited has announced its financial results for the first quarter, reporting a profitable performance with improved revenue.

Financial Highlights

Item Value
Total income from operations Rs. 2,544.76 lakh
Net profit before and after tax Rs. 97.94 lakh
Basic and diluted earnings per share Rs. 0.07

Quarterly Performance

Zenith Steel Pipes & Industries Limited demonstrated a strong start to the quarter. The company's total income from operations reached Rs. 2,544.76 lakh. This performance indicates a robust demand for the company's products and services.

The company's profitability remained solid, with both net profit before tax and after tax standing at Rs. 97.94 lakh for the quarter. This figure suggests effective cost management and operational efficiency.

Earnings Per Share

The basic and diluted earnings per share for continuing operations were reported at Rs. 0.07, reflecting the company's ability to generate returns for its shareholders.

Board Approval and Audit Review

The unaudited standalone and consolidated financial results were approved by the Board of Directors. These results underwent a limited review by the company's statutory auditors, ensuring compliance with regulatory requirements.

Consolidated Results

The consolidated financial results mirrored the standalone figures, indicating consistent performance across the company's operations.

Publication of Results

In adherence to regulatory requirements, Zenith Steel Pipes & Industries Limited published the extract of its financial results in newspapers. This move demonstrates the company's commitment to transparency and timely disclosure of financial information to its stakeholders.

The positive first-quarter results suggest an encouraging start for Zenith Steel Pipes & Industries Limited, with improved performance compared to the previous year. Investors and stakeholders will likely be watching closely to see if this trend continues in the coming quarters.

Historical Stock Returns for Zenith Steel Pipes & Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+0.19%+8.73%-27.66%-36.37%-27.06%+318.40%
Zenith Steel Pipes & Industries
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View All News
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1 Year Returns:-27.06%