Integrated Filing — IndAS



General information about company

Scrip Code 531845
NSE Symbol ZENITHSTL
MSEI Symbol NA
ISIN INE318D01020
Name of company Zenith Steel Pipes & Industries Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 26-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 19-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Single segment
Start date and time of board meeting 26-05-2026   17:00:00
End date and time of board meeting 26-05-2026   21:30:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Statement on impact of audit qualification
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 01-04-2024
Indicate Company website link for updated RPT policy of the Company www.zenithsteel.com
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
NA



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 852.58 4,997.31
Other income 378.01 2,379.28
Total income 1,230.59 7,376.59
2 Expenses
(a) Cost of materials consumed 319.60 2,672.55
(b) Purchases of stock-in-trade 0.00 119.84
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 91.72 199.04
(d) Employee benefit expense 150.31 510.75
(e) Finance costs 60.03 248.02
(f) Depreciation, depletion and amortisation expense 48.02 192.19
(f) Other Expenses
1 Other Expenses 652.40 3,247.19
Total other expenses 652.40 3,247.19
Total expenses 1,322.08 7,189.58
3 Total profit before exceptional items and tax (91.49) 187.01
4 Exceptional items 131.07 131.07
5 Total profit before tax 39.58 318.08
6 Tax expense
7 Current tax 0.00 0.00
8 Deferred tax 0.00 0.00
9 Total tax expenses 0.00 0.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 39.58 318.08
12 Profit (loss) from discontinued operations before tax (2.86) (6.99)
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax (2.86) (6.99)
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 36.72 311.09
17 Other comprehensive income net of taxes (0.75) (0.75)
18 Total Comprehensive Income for the period 35.97 310.34
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 14,228.04 14,228.04
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve (38,957.34)
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.03 0.22
Diluted earnings (loss) per share from continuing operations 0.03 0.22
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.03 0.22
Diluted earnings (loss) per share from continuing and discontinued operations 0.03 0.22
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 3,989.88
Capital work-in-progress 128.97
Investment property 0.00
Goodwill 0.00
Other intangible assets 12.67
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 2.48
Trade receivables, non-current
Loans, non-current 0.00
Other non-current financial assets
1 Other non-current financial assets 203.73
Total of other non-current financial assets 203.73
Total non-current financial assets 206.21
Deferred tax assets (net) 0.00
Other non-current assets
1 Other non-current assets 2,695.83
Total of other non-current assets 2,695.83
Total non-current assets 7,033.56
2 Current assets
Inventories 594.51
Current financial asset
Current investments 0.00
Trade receivables, current 4,927.37
Cash and cash equivalents 72.38
Bank balance other than cash and cash equivalents 44.76
Loans, current 1,389.34
Other current financial assets
Total of other current financial assets
Total current financial assets 6,433.85
Current tax assets (net) 94.45
Other current assets
1 Other current assets 419.87
Total of other current assets 419.87
Total current assets 7,542.68
3 Non-current assets classified as held for sale 0.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 14,576.24
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 14,228.04
Other equity (38,957.34)
Total equity attributable to owners of parent (24,729.30)
Non controlling interest
Total equity (24,729.30)
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 3,264.16
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
Total of other non-current financial liabilities
Total non-current financial liabilities 3,264.16
Provisions, non-current 448.05
Deferred tax liabilities (net) 504.86
Deferred government grants, Non-current 0.00
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 4,217.07
Current liabilities
Current financial liabilities
Borrowings, current 18,282.42
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 7,771.74
Total Trade payable 7,771.74
Other current financial liabilities
1 Other current financial liabilities 4,844.62
Total of other current financial liabilities 4,844.62
Total current financial liabilities 30,898.78
Other current liabilities 3,197.81
1 Other current liabilities 3,197.81
Total of other current liabilities 3,197.81
Provisions, current 83.41
Current tax liabilities (Net) 908.47
Deferred government grants, Current 0.00
Total current liabilities 35,088.47
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 39,305.54
Total equity and liabilites 14,576.24
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss 0.75 0.75
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income (0.75) (0.75)



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 318.08
Adjustments for reconcile profit (loss)
Adjustments for finance costs 9.13
Adjustments for decrease (increase) in inventories 184.85
Adjustments for decrease (increase) in trade receivables, current 385.70
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 76.18
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current (804.34)
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities (632.00)
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 192.19
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 47.01
Adjustments for provisions, non-current (96.15)
Adjustments for other financial liabilities, current 239.60
Adjustments for other financial liabilities, non-current 1.80
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for interest income 0.00
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (396.03)
Net cash flows from (used in) operations (77.95)
Dividends received 0.00
Interest paid 0.00
Interest received (9.09)
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (6.99)
Net cash flows from (used in) operating activities (94.03)
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 0.00
Purchase of property, plant and equipment 23.34
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 9.09
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (104.33)
Net cash flows from (used in) investing activities (118.58)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 5.53
Repayments of borrowings 0.00
Payments of lease liabilities 0.00
Dividends paid 0.00
Interest paid 9.13
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (3.60)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (216.21)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (216.21)
Cash and cash equivalents cash flow statement at beginning of period 288.59
Cash and cash equivalents cash flow statement at end of period 72.38





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Statement on impact of audit qualification
Auditor's opinion Qualified opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 D E V A M & Associates LLP Yes 31-10-2027


Financial details

Amount in (Lakhs)

Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income 7,376.59 7,376.59
2 Total Expenditure 7,189.59 7,189.59
3 Net Profit/(Loss) 311.08 311.08
4 Earnings Per Share 0.22 0.22
5 Total Assets 14,576.24 14,576.24
6 Total Liabilities 39,305.54 39,305.54
7 Net Worth (24,729.30) (24,729.30)


Audit qualification

Amount in (Lakhs)

Sr. Details of Audit Qualification Type of Audit Qualification Frequency of qualification For Audit Qualification(s) where the impact is quantified by the auditor For Audit Qualification(s) where the impact is not quantified by the auditor
Management's Views (i) Management's estimation on the impact of audit qualification (ii) If management is unable to estimate the impact, reasons for the same Auditors' Comments on (i) or (ii) above
1 Textual Information(1) Qualified opinion Repetitive Textual Information(2) Textual Information(3) Textual Information(4) Textual Information(5)
2 Textual Information(6) Qualified opinion Repetitive Textual Information(7) Textual Information(8) Textual Information(9) Textual Information(10)
3 Textual Information(11) Qualified opinion Repetitive Textual Information(12) Textual Information(13) Textual Information(14) Textual Information(15)
4 Textual Information(16) Qualified opinion Repetitive Textual Information(17) Textual Information(18) Textual Information(19) Textual Information(20)
5 Textual Information(21) Qualified opinion Repetitive Textual Information(22) Textual Information(23) Textual Information(24) Textual Information(25)


Text Block

Textual Information(1) With reference to Note No. 18 of the standalone financial results, the Company has not complied with the provisions of Section 74 and other applicable provisions of the Companies Act, 2013 read with the Companies (Acceptance of Deposits) Rules, 2014 with respect to the, (a) Non-repayment of public deposits and the interest thereon on the respective due dates, (b) Non-maintenance of prescribed liquid assets to the extent required under the said Rules, and (c) Non-compliance with the orders passed by the Company Law Board (CLB) in connection with the above matters.

In our opinion, these constitute a material non-compliance with the provisions of the Act and may result in regulatory implications for the Company. Had the Company complied with the aforesaid provisions, the reported liabilities, interest obligations, and disclosures in the standalone financial results would have been different.

Textual Information(2) NA
Textual Information(3) No Impact on financials
Textual Information(4) For qualification on non-compliance of section 74(2) of the Companies Act, 2013:

The company has taken action on priority to clear the dues of deposit holders who are incapacitated and to comply with the orders of existing authorities. For the rest, the company has already started the process of settling their dues through sale proceeds of the assets sold by MPID court of the other Company who has given NOC for using the amount towards repayment of the Fixed Deposits of the Zenith Birla (India) Limited and during the year the Company has paid Rs.4.25 lakhs to deposit holder with interest and balance will try to complete it in subsequent financial years

Textual Information(5) No further comment
Textual Information(6) With reference to Note No. 12 of the standalone financial results, balances relating to Trade Payables, Trade Receivables, Loans, Advances, Deposits, Intergroup balances, Current Liabilities, Borrowings from others, etc., are subject to reconciliation and confirmation. The management has not sent direct balance confirmations to the respective parties, citing pending reconciliations. In the absence of such confirmations and reconciliations, we are unable to obtain sufficient appropriate audit evidence to verify the accuracy, completeness, and recoverability/payability of these balances as at the reporting date. Consequently, we are unable to determine whether any adjustments are required in respect of the stated balances in the accompanying standalone financial results.
Textual Information(7) NA
Textual Information(8) No Impact on financials
Textual Information(9) For qualification on balances of Trade Payables, Trade Receivables, Loans & Advances, Deposits, Borrowings to Others etc:

Reconciliation of balances of Trade Payables, Trade Receivables, Loans & Advances, Deposits, Borrowings to Others and other parties are an ongoing basis and the figures would be ascertained only when the reconciliations are finalised. Hence at this stage, impact of the same is not ascertainable. Company ensures to pay all MSMEs within the stipulated credit period
Textual Information(10) No further comment
Textual Information(11) With reference to Note No. 7 to the standalone financial results, the Company has made a provision of Rs.41.07 lakhs in respect of certain current bank accounts which have been frozen by regulatory authorities. In the absence of relevant bank statements and year-end balance confirmations for these accounts, we were unable to obtain sufficient appropriate audit evidence to verify the completeness and accuracy of the balances reported in respect of these accounts. Accordingly, we are unable to determine whether any adjustments may be required to the carrying amount of these balances and the related impact, if any, on the standalone financial results for the year ended 31/03/2026.
Textual Information(12) NA
Textual Information(13) No Impact on financials
Textual Information(14) For qualification on current Bank accounts:

The Company has made full provision to the extent it is on knowledge of the same and do not except any further provision to be made and will ensure to make provision if it comes to its knowledge

Textual Information(15) No further comment
Textual Information(16) We draw attention to Note No. 13 to the standalone financial results, which states that the Company has incurred significant accumulated losses exceeding its share capital and reserves, and its net worth has been fully eroded as at 31/03/2026. These conditions indicate the existence of a material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern. However, the standalone financial results have been prepared on a going concern basis based on the reasons stated by the management in the said note. In our opinion, the material uncertainty exists, and accordingly, the use of the going concern basis of accounting in the preparation of the standalone financial results is not adequately supported.
Textual Information(17) NA
Textual Information(18) No Impact on financials
Textual Information(19) For qualification on accounting on going concern basis:

On account of strategic understanding with suppliers/ customers, which is continuing, the Company is on revival mode and is operating some of its units. In view of the same going concern concept holds good.

Textual Information(20) No further comment
Textual Information(21) We draw attention to Note No. 11 to the standalone financial results, which states that the Company has valued its inventories at Rs.594.51 lakhs as at 31/03/2026 using the weighted average cost method. However, we were not provided with adequate information and necessary supporting documentation to verify the basis of valuation, including evidence supporting the quantities, condition, and cost allocation of inventories. Accordingly, we are unable to determine whether any adjustments are necessary in respect of the carrying amount of inventories stated in the standalone financial results. The consequent impact, if any, on the profit/loss and financial position for the year ended 31/03/2026 is also not ascertainable.
Textual Information(22) NA
Textual Information(23) No Impact on financials
Textual Information(24) For qualification on valuation of Inventory:

Currently the Company is calculating the inventory value based on variable cost incurred for the quarter and work in progress is based on work completed. Accordingly, valuation of inventories has been arrived and according to the management they represent a fair value.

Textual Information(25) No further comment


Signatories detail

Name of CEO / Managing director NA
Name of CFO B. Girvanesh
Name of audit committee chairman Sadhna Avinash Patil
Name of statutory auditor Amit Surana
Name of other signatory, if any, with designation Minal Pote
Place Mumbai
Date 26-05-2026


Amount in (Lakhs)

Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 ZENITH STEEL PIPES & INDUSTRIES LIMITED ZENITH USA INC WHOLLY OWNED SUBSIDIARY Sale of goods or services 2,000.00 Approved 15.72 67.44 83.16
2 ZENITH STEEL PIPES & INDUSTRIES LIMITED SADHNA AVINAS PATIL KEY MANAGEMENT PERSONNEL OF ENTITY AND PARENT Remuneration 0.50 Approved 0.30 0.00 0.00
3 ZENITH STEEL PIPES & INDUSTRIES LIMITED PRAMOD SHIVAJI BHOSALE KEY MANAGEMENT PERSONNEL OF ENTITY AND PARENT Remuneration 0.50 Approved 0.20 0.00 0.00
4 ZENITH STEEL PIPES & INDUSTRIES LIMITED BHAVIKA SHARMA KEY MANAGEMENT PERSONNEL OF ENTITY AND PARENT Remuneration 0.50 Approved 0.20 0.00 0.00
5 ZENITH STEEL PIPES & INDUSTRIES LIMITED MINAL UMESH POTE KEY MANAGEMENT PERSONNEL OF ENTITY AND PARENT Remuneration 1.80 Approved 1.50 0.25 0.25
6 ZENITH STEEL PIPES & INDUSTRIES LIMITED PURSHOTTAM DIGAMBAR SONAVANE KEY MANAGEMENT PERSONNEL OF ENTITY AND PARENT Remuneration 0.50 Approved 0.30 0.00 0.00
7 ZENITH STEEL PIPES & INDUSTRIES LIMITED GANESH RAMESH MAHENDRAKAR KEY MANAGEMENT PERSONNEL OF ENTITY AND PARENT Remuneration 0.50 Approved 0.30 0.00 0.00
8 ZENITH STEEL PIPES & INDUSTRIES LIMITED GIRVANESH BALASUBRAMANAN KEY MANAGEMENT PERSONNEL OF ENTITY AND PARENT Remuneration 9.00 Approved 8.17 1.36 1.36
9 ZENITH STEEL PIPES & INDUSTRIES LIMITED PRAKHAR AGARWAL KEY MANAGEMENT PERSONNEL OF ENTITY AND PARENT Remuneration 1.80 Approved 1.20 0.30 0.00
10 ZENITH STEEL PIPES & INDUSTRIES LIMITED ZENITH MIDDLE EAST WHOLLY OWNED SUBSIDIARY Any other transaction Loan 0.00 Approved 0.00 0.00 0.00
11 ZENITH STEEL PIPES & INDUSTRIES LIMITED ZENITH MIDDLE EAST WHOLLY OWNED SUBSIDIARY Any other transaction PROVISION FOR DOUBTFUL DEBTS 0.00 Approved 0.00 0.00 0.00
12 ZENITH STEEL PIPES & INDUSTRIES LIMITED BIRLA PRECISION TECHNOLOGIES LIMITED RELATED PARTY Loan 5,000.00 Approved 700.00 2,311.55 3,011.55
13 ZENITH STEEL PIPES & INDUSTRIES LIMITED UDAY ANANT SAWANT KEY MANAGEMENT PERSONNEL OF ENTITY AND PARENT Remuneration 1.80 Approved 0.20 0.00 0.30
Total value of transaction during the reporting period 728.09