ZF Steering Gear (India) Company Information

Posted by Amit Bhawani
January 29, 2008

ZF Steering Gear (India)
zf-steering-gear
Company History
1981 - The Company was Incorporated into a public limited company in June, at Pune. The Company was promoted by H.K. Firodia,
J.H. Munot and Zahnradfabrik Friedrichshafen AG, erstwhile West Germany (ZF AG, West Germany). The Company’s objects is to manufacture of mechanical steering gears and hydraulic power steering gears. The Company entered into a licence and know-how contract with Zahnradfabrik Friedrichshafen AG, ersthile West Germany (ZF). Also for supply of all technical documentation, training of personnel at the works of ZF AG, Germany and deputation of personnel of ZF AG, Germany to India for setting up the plant.

1982 - 350 shares subscribed for by the signatories to the Memorandum and Articles of Association. 14,99,650 shares issued at par of which 3,90,000 shares of ZF Ag, West Germany and 5,99,650 shares to promoters, etc. were reserved and allotted 5,10,000 shares offered to the public in January 1983.

1984 - 7,50,000 right equity shares issued at par in the prop. 1:2.

1991 - The company issued non-convertible debentures worth Rs.50 lakhs on private Placement basis with the UTI.

1993 - The company produced and supplied power steering gears for light commercial vehicles for Telco. The company also developed and designed a power steering gear for Tata 207 range of vehicle. The Company proposed to expand the production capacity of mechanical steering gears to 75,000 units per annum and proposed to manufacture 3,600 power steering gears per annum.

1994 - 22,85,575 shares allotted on right basis.

1995 - During January/February, the company offered 22,50,000 No. of equity shares of Rs.10 each for each at a prem. of Rs.30 per share on right basis to the existing shareholders in the rate of 1:1. 22,43,675 shares were allotted. 6,325 shares were kept in abeyance. Another 41,900 shares were offered to the employees. All were taken up.1,075 shares out of 6,325 shares kept in abeyance allotted.

Company Background
Industry Name : Auto Ancl - Gears & Drive
House Name : Firodias Group
Year Of Incorporation 1961

Regd. Office
Address : Gat Nos. 1242 & 1244,, Village Vadu Budruk,
District : Pune District
State : Maharashtra
Pin Code : 412216
Tel. No. : 02137-252223,02137-252459
Fax No. : 02137-252302
Email : satish.mehta@zfindia.com
Internet : http://www.zfindia.com
Auditors : N F Karnavat & Co.

Registrars
Name : Intime Spectrum Registry Ltd.
Address : C-13, Pannalal Silk Mills Compound, LBS Marg, Bhandup (W), Mumbai - 400078, Maharashtra
Tel. No. : 25963838
Fax No. : 25946969
Email : isrl@intimespectrum.com
Internet : www.intimespectrum.com
BSE: 505163
NSE: ZFSTEERING

List Of Directors
1 A H Firodia Chairman / Chair Person
2 Dinesh Munot Managing Director
3 Manish Motwani Non Executive Director
4 Dinesh Bothra Non Executive Director
5 Abhay Firodia Non Executive Director
6 B N Deshmukh Non Executive Director
7 D S Bomrah Non Executive Director
8 Walter Salvasohn Non Executive Director
9 Utkarsh Munot Executive Director
10 Jinendra Munot Joint Managing Director
11 Wolfgang Zeitz Non Executive Director
12 Ludwig Rapp Non Executive Director

Location Details

Registered Office & Factory
Gat Nos. 1242 & 1244, Village Vadu Budruk,
Pune District - 412216
Maharashtra - India
Phone : 252223, 252459, 252433
Fax : 252302
Email : satish.mehta@zfindia.com
Corporate Office
601-602 MCCIA Trade Tower International Convention Centre A wing 403-A Senapati Bapat Road
Pune - 411016
Maharashtra - India
Phone : 30211600
Fax : 30211699
Email : satish.mehta@zfindia.com

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