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About Zenith Exports Ltd. - Company Information, Overview, History and Profile

What does Zenith Exports Ltd. do?

Zenith Exports is engaged in the business of Leather Goods & Textile Fabrics.

Website: www.zenexportslimited.com

Zenith Exports Ltd. Management structure

All Gross Remunerations are in INR
Mr. Surendra Kumar Loyalka
Chief Executive Officer
38.16 Lac
2024-3-31
Gross Remuneration
Year
Mr. Rajkumar Loyalka
Chief Executive Officer
30 Lac
2024-3-31
Gross Remuneration
Year
Mr. Sushil Kumar Kasera
Chief Financial Officer
3.93 Lac
2024-3-31
Gross Remuneration
Year
Anita Kumari Gupta
Company Secretary, Compliance Officer
82K
2024-3-31
Gross Remuneration
Year

Zenith Exports Ltd. Board of directors

All Gross Remunerations are in INR
Varun Loyalka
Managing Director
15.22 Lac
2024
Gross Remuneration
Year
Kamal Koomar Jain
Independent Director
61K
2024
Gross Remuneration
Year
Rabindra Kumar Sarawgee
Independent Director
59K
2024
Gross Remuneration
Year
Surendra Bafna
Independent Director
55K
2024
Gross Remuneration
Year
Sanjay Kumar Shaw
Independent Director
55K
2024
Gross Remuneration
Year
Urmila Loyalka
Non Executive Director
-
2024
Gross Remuneration
Year

Zenith Exports Ltd. - company history

Registered as a Partnership Firm in 1969, Zenith Export Ltd (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. The Company is engaged in the business of Leather Goods & Textile Fabrics. It has a weaving unit namely `Zenith Textiles' located at Nanjangud, Mysore and another unit `Zenith Spinners' located at Dholka, Ahmadabad. Prior to this, Zenith manufactured and exported industrial leather hand-gloves and handloom silk fabrics as well as silk made-ups. The Company made 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. Starting operations with silk scarves and bridal fabric for the fashion world, Zenith now boast an expansive range of textile products for both the fashion and home furnishing industries. Having established manufacturing units in both the handcrafted and automated fabrication sectors, it create a wide range of products that complement both classic and contemporary lifestyles. In 2003, the Embroidery Unit was set up to add embroidered textiles. In 2005-06, the Company embarked on Jacquard Velvet Looms followed by Solid Velvet looms which were set up at the Nanjangud Weaving Unit. It thereafter installed further 1872 nos. of spindles and some other ancillary machines during the year 2011-12. In 2013, Wireflex Velvet Loom was installed by the Company at its Weaving Division at Nanjangud Mysore to meet the increasing demand of velvet fabrics. The Company's Spinning Division called `Zenith Spinners' located at Dholka, Ahmedabad started business of trading of Cotton with effect from January, 2019.