Zodiac Energy Limited has informed the Exchange about General Updates
ZODIAC · price
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Zodiac Energy Limited has informed the exchanges that it is closing its Lucknow branch office situated at Vibhuti Khand, Gomti Nagar, with effect from June 15, 2025, after business hours. The company stated the decision is aimed at reducing fixed operational costs. Sales and service support in the Lucknow region will continue to be handled by Resident Engineers based there. The company clarified that the closure does not have any material or adverse impact on its operations. The announcement was made under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements.
This is a routine cost-optimization move with no material impact on operations or revenue, and is unlikely to affect shareholder value or stock price meaningfully.