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Zenotech Laboratories Ltd. Company History and Annual Growth Details
Sunline Tubes Limited was incorporated on 15th June 1989 under the name MAA SHAKTI TUBE MILL PVT LTD under the Companies Act, 1956 and subsequently its name was changed to SUNLINE TUBES PRIVATE LIMITED and Central government's approval obtained vide letter No.RAP/TA-II/1022/Sec.21/92 dated 1st day of April 1992. Later on the Company was converted into a Public Limited Company and a fresh certificate of incorporation was obtained on 25th August, 1993.
The Company was originally promoted by Mr.J.K.Chotalia, Mr.J.Goyani, Mr.N.K.Soni, Mr.Dinesh Kumar Soni and their associates. Later on Mr.Sunil Kumar Giri took over the Company in the year 1992.
PRESENT BUSINESS OF THE COMPANY
The Company was set up for manufacturing of Lancing Tubes and ERW Tubes with an installed capacity of 5000 MTPA. The company has sucessfully completed its trail production. The Company has sucessfully completed its trail production. The Company now plans to expand its existing production Capacity from 5000 MTPA to 34,000 MTPA and expand its product range to include manufacture of higher dia of up to 6'.
SUBSIDIARIES OF THE COMPANY:
The Company does not have any Subsidiary company.
- Re-issues 31,22,500 Equity Shares, which were earlier forfeited by the company due to non-payment of allotment/call monies
-Zenotech Laboratories enters into strategic alliance with the Ranbaxy