About
Zenith Computers Ltd
Incorporated in May 80, Zenith Computers (ZCL) was promoted by chairman and managing director Raj Saraf, who has interests in other companies including Zenith Control Systems, Zenith Technologies, Brisk Controls, etc.
ZCL came out with a Rs 17.58-cr public issue of 39.07 lac equity shares (premium: Rs 35) to set up a 100% EOU in Goa to manufacture PC-XT/ATs, LAN cards, notebook computers and second unit at MIDC, Bombay (cost : Rs 25 cr). The company manufactures computer systems including PC-ATs, local area networks (LAN), wide area networks (WAN) and computer peripherals. It has marketing tie-ups with Texas Instruments, US, a Fortune-500 company, for notebook computers and laser printers; with EICON, Canada, for open system communication; with Retix, US, for E-mail; and with Interline, US, for networking. ZCL is the distributor for these companies in India.
It also has entered into a tie-up with 3 Com US, for exclusive distribution and installation of the latter's products in India. It has also joined hands with IBM and Cabletron, both of the US, for distributing their products in India. ZCL has a tie-up with Country-Wide for retailing their PCs in Madras. Currently rated number Three in India, ZCL pioneered the concept of offering PCs at low cost for homes, in instalment of Rs 790 per month payable over 3 years. ZCL is the OEM for Oracle and Novell, US, in India.
It recently entered into a tie-up with Acer, US, for distributing its PCs. Some of ZCL's clients include Hindustan Lever, Citibank, Air India, Lipton, Ministry of Defence, Godrej, etc. It also exports its products to the US Russia, Sweden, Taiwan, the UK, etc.
In 1999-2000, Zenith Computers has launched the Zenith Xtreme personal computer, which offers endto-end gaming and entertainment experience through the latest 3D graphics engine, multi-channel 3D audio engine and 3D surround sound home theatre nspeaker systems, besides exciting software.
During 2000-01 the company discontinued its business at its branch office at Singapore due to high costs of administration vis-a-vis demand for the Company's products and the process of closure of the branch office is under way.
Zenith Computers Ltd
Chairman Speech
The Company Secretary confirms that the Company has:
1. Maintained all the books of accounts and statutory registers required under the
Companies Acts, 2013 (”the Act“) and the rules made thereunder;
1. Filed Annual Reports and Annual Returns with the Registrar of Companies and also
filed the documents time to time with the Stock Exchanges;
2. Not entered into any contract or transactions in terms of the relevant Sections of
the Acts;
3. Not provided any loan to any Director of the Company in terms of the relevant
Sections of the Acts;
4. Paid remuneration to its managerial personnel within the limits specified in terms
of the relevant Sections of the Acts;
5. Issued all notices required to be given for convening of Board Meetings, Committee
Meetings and Annual General Meeting within the limit prescribed by Law;
6. Conducted the Board Meetings, Committee Meetings and Annual General Meeting as per
the Act;
7. Complied with all the requirements relating to the Minutes of the proceedings of the
Meetings of the Board of Directors, Committees and the
Shareholders;
8. Made the disclosures required under the Act including those required in pursuance of
the disclosures made by the Directors;
9. Obtained all necessary approvals of the Directors, Shareholders and other
Authorities as per the requirements;
10. Not exceeded its borrowing powers;
11. Paid dividend amounts to the Shareholders within the time limit prescribed;
12. Complied with the requirements of the Listing Agreement entered into with the Stock
Exchanges except for delay in holding the Board meeting for the consideration of the
Statement of Unaudited Financial Results for the fourth quarter ended 31st March, 2015 and
in the appointment of a Woman Director on or before 30th June, 2015;
13. Complied with the provisions of SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 2013;
14. Complied with the provisions of SEBI (Prohibition of Insider Trading) Regulations,
1992.
|
For ZENITH COMPUTERS LIMITED |
| Mumbai |
RAMESH SANGHVI |
| 9th August, 2016 |
COMPANY SECRETARY |
  Â
Zenith Computers Ltd
Company History
Incorporated in May 80, Zenith Computers (ZCL) was promoted by chairman and managing director Raj Saraf, who has interests in other companies including Zenith Control Systems, Zenith Technologies, Brisk Controls, etc.
ZCL came out with a Rs 17.58-cr public issue of 39.07 lac equity shares (premium: Rs 35) to set up a 100% EOU in Goa to manufacture PC-XT/ATs, LAN cards, notebook computers and second unit at MIDC, Bombay (cost : Rs 25 cr). The company manufactures computer systems including PC-ATs, local area networks (LAN), wide area networks (WAN) and computer peripherals. It has marketing tie-ups with Texas Instruments, US, a Fortune-500 company, for notebook computers and laser printers; with EICON, Canada, for open system communication; with Retix, US, for E-mail; and with Interline, US, for networking. ZCL is the distributor for these companies in India.
It also has entered into a tie-up with 3 Com US, for exclusive distribution and installation of the latter's products in India. It has also joined hands with IBM and Cabletron, both of the US, for distributing their products in India. ZCL has a tie-up with Country-Wide for retailing their PCs in Madras. Currently rated number Three in India, ZCL pioneered the concept of offering PCs at low cost for homes, in instalment of Rs 790 per month payable over 3 years. ZCL is the OEM for Oracle and Novell, US, in India.
It recently entered into a tie-up with Acer, US, for distributing its PCs. Some of ZCL's clients include Hindustan Lever, Citibank, Air India, Lipton, Ministry of Defence, Godrej, etc. It also exports its products to the US Russia, Sweden, Taiwan, the UK, etc.
In 1999-2000, Zenith Computers has launched the Zenith Xtreme personal computer, which offers endto-end gaming and entertainment experience through the latest 3D graphics engine, multi-channel 3D audio engine and 3D surround sound home theatre nspeaker systems, besides exciting software.
During 2000-01 the company discontinued its business at its branch office at Singapore due to high costs of administration vis-a-vis demand for the Company's products and the process of closure of the branch office is under way.
Zenith Computers Ltd
Directors Reports
Zenith Computers Ltd
Company Background
| Incorporation Year | 1980 |
| Registered Office | Plot No EL 117 I Floor,TTC Area MIDC Mahape
Navi Mumbai,Maharashtra-400710 |
| Telephone | ,Managing Director |
| Fax | |
R K SarafR K Saraf| Company Secretary | |
| Auditor | C L Khanna & Co |
| Face Value | 10 |
| Market Lot | 1 |
| Listing | BSE, |
| Registrar | Link Intime India Pvt Ltd
C-13 Pannalal Silk,Mills Cmpd LBS Marg,Bhandup West,Mumbai - 400 078 |
Zenith Computers Ltd
Company Management
| Director Name | Director Designation | Year |
|---|
| R K Saraf | Chairman & Managing Director | 2016 |
| Vijay Ram Mukhi | Independent Director | 2016 |
| Manju Bhartia | Director | 2016 |
Zenith Computers Ltd
Listing Information
Zenith Computers Ltd
Finished Product
| Product Name | Unit | Installed
Capacity | Production
Quantity | Sales
Quantity | Sales
Value |
|---|
| Sale of Services | NA | 0 | 0 | 0 | 1.35 |
| Sale of products | NA | 0 | 0 | 0 | 0.3 |
| Other Operating Revenue | NA | 0 | 0 | 0 | 0.01 |
| Sales | NA | 0 | 0 | 0 | 0 |
| Computers/Micro Processor Sys. | No | 0 | 0 | 0 | 0 |