1980 - The Company was Incorporated on 20th May, at Mumbai. The
was promoted by Rajkumar Saraf and his associates.
- The Company's object is to manufacture computers and
processors based systems and peripherals.
1984 - The Company introduced high performance MS-DOS machines under
name of PROFESSIONAL.
1985 - The Company introduced for the first time a UNIX operations
system based on Motorola - 68000 processor.
1987 - LAN (Local Area Network) System was introduced by the
- Out of the 2,80,000 shares issued till date, 80,000
issued as bonus shares.
1988 - 9,50,000 shares issued (prem. Rs.7 per share) of which
- (i) 1,77,000 shares reserved and allotted to promoters,
- (ii) 45,000 shares reserved for preferential allotment
employees, etc. (only 4,300 shares taken up) and
- (iii) 3,80,000 shares reserved for preferential
allotment to NRIs
on repatriation basis (only 1,51,900 shares taken up).
balance of 3,48,000 shares, along with 2,68,800 shares
up under preferential quota were offered to the public
Additional 1,15,950 shares allotted to the public to
1990 - With effect from 1st September, Telelinks Ltd., a subsidiary
the Company was merged with the Company. As per the
terms of the
scheme of amalgamation, shareholders of Telelink Ltd.
offered 87 No. of equity shares of Rs.10 each of the
every 87 No. of equity shares held in Telelink, Ltd.
- During February, the Company offered 2,48,370 - 14%
debentures of Rs.100 each on `Rights basis' in the prop.
100 No. of equity shares (only 1,64,517 debentures were
and the remaining 83,853 debentures devolved on
- Simultaneously, another 12,420 - 14% fully convertible
were issued to employees (including Indian working
directors)/workers of the Company on an equitable basis.
were taken up and all the debentures were allotted to
funds of nationalised banks.
- Rs.30 of the face value of each debenture was
compulsorily converted into one equity share of Rs.10
each at a
prem. of Rs.20 per share on the expiry of 6 months from
of allotment of debentures. Accordingly 2,60,790 No. of
shares were allotted on 16th November.
- The remaining Rs.70 of the face value of each debenture
automatically and compulsorily converted into on equity
Rs.10 each at a prem. to be decided by the CCI at the
end of 24
months from the date of allotment of debentures. The
this conversion was fixed by CCI as Rs.30 per share and
accordingly 4,56,382 No. of equity shares were allotted
1992 at Rs.40 per share in second conversion of
Rs.70 per debenture was converted into 1.75 equity
1991 - New products, viz. notebook computer, print-n-plot server,
server, compute server, zenith transaction tracking
launched in the market.
- The Company embarked upon a diversification scheme
setting up of facilities for the manufacture of high
products such as colour graphic terminals/systems CAD/CAM
- The Company proposed to set up a 100% export oriented unit
Vashi, New Mumbai.
- 200 No. of equity shares forfeited in 1989-90 reissued.
1992 - The Company issued 13,63,273 No. of equity shares of Rs.10
at a prem. of Rs.35 per share on rights basis in the
3:5. Only 13,20,616 shares were taken up. The balance
shares were allotted privately.
- Another 2,84,638 No. of equity shares of Rs.10 each at a
Rs.35 per share were reserved and associates of
- Simultaneously with rights issue the Company issued
No. of equity shares of Rs.10 each at a prem. of Rs.35
through prospecuts as follows:
- (i) 20,00,000 shares to NRIs (all were taken up);
- (ii) 6,66,666 shares to UTI on firm basis (all were taken
- (iii) 1,55,555 shares to employees (only 7,000 shares
- (iv) 3,90,764 shares to Mutual Funds (none were taken
- The remaining 6,94,659 shares, along with 5,39,319 shares
taken by employees and Mutual Funds, were offered to the
(all were taken up).
1993 - The Company entered into an agreement with Tricord Systems of
who are manufacturers of high end screners.
-SGI India entered into a strategic tie-up with Zenith Computers for
sales and Support of the former's IA-32 based workstations and
servers throughtout the country.
-Cymbionic Marketing Ltd. a prominent name in Multi-level marketing
has tied up with the company for boosting its marketing and
-The Company has launched gaming personal computers in association
with Singapore's Creative Technology Ltd in an effort to capture the
growing home entertainment and Internet market.
-Zenith Computers unveils 'Infotainer'
-Zenith launches high-end gaming PC
-Zenith Computers Ltd has installed a fully equipped manufacturing
unit in the Cochin Special Economic Zone (CSEZ) for manufacture of
PCs, which starts its operation from March 1. Zenith has set 2,000
PCs per month as its manufacturing target.
-Zenith Computers has selected Western Digital Corp. As a supplier of
hard drives for its PCs. Zenith is integrating Western Digital's WE
Protege, WD Caviar and WD Caviar SE- with both serial AA and EIDE
interfaces-hard drives into its mainstream desktop PC Systems.
-Zenith Computers launched, along with chip major Intel, a multimedia
PC for students
-The company has recommended a dividend @ 10%
-The company has designated E-mail ID for Investors Complaints:
-The company has recommended a Dividend of Rs. 0.90 per Share (9%)