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flagZ-Tech (India) Ltd

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BSE Code : 92868 | NSE Symbol : ZTECH | ISIN : INE0ISZ01012 | Industry : Entertainment |


Company History

Z-Tech (India) Ltd was incorporated as a Private Limited Company as 'Z-Tech (India) Private Limited' dated November 09, 1994, issued by Registrar of Companies, Delhi. Further, Company was converted into a Public Limited Company and the name of Company changed to 'Z-Tech (India) Limited' & Registrar of Companies, Delhi has issued a fresh Certificate of Incorporation dated January 11, 2024.

The Company originally designs civil engineering products and services with state-of-the-art specialty in Geo- Technical Specialised Solutions in the field of infrastructure and civil construction projects to India. In addition to this, it is engaged in the waste management sector, where it focus in creating theme parks through the utilization of recycled scrap materials.

Apart from this, the Company operate in 3 distinct sectors in providing innovative, safe and eco-friendly engineering solutions including, Sustainable Theme Park Development; Industrial Wastewater Management and Geo Technical Specialised Solutions. Earlier, the Company was providing Geo Technical Specialised Solutions, however, it started providing Industrial Wastewater Management Services in FY 2022, and Sustainable Theme Parks services in FY 2023.

Sustainable Theme Park Development includes creating beautification artwork and infrastructure, landscape designing, sourcing and execution of waste materials and transforming them into meaningful and attractive show pieces. It involves incorporating throughout the planning, design, and operational phases of the project. It goes beyond traditional development approaches by prioritizing ecological, social, and economic considerations.

Industrial Waste Water Management involves the systematic treatment and responsible handling of wastewater generated by industrial processes. Under this segment, the Company in 2023, acquired GEIST, a water treatment technology, developing solutions for the recovery of chemicals from industrial waste water streams. This technology is termed as WOOW (Wealth out of Waste) Technologies.

Besides, Geo Technical Specialised Solutions includes reinforcement of soil walls and slopes, slope stabilization, retaining structures, ground improvement, riverside erosion control, coastal protection and similar activities. These services offered include designing, supplying and construction undertaken by the Company's in-house chartered engineers and backed up by a full indemnity supervision team.

The Company is proposing the Initial Public Offer of 33,91,200 Fresh Issue Equity Shares.

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