Intimation of extension of the Rights Issue closing date to 25th August 2025, as decided by the Rights Issue Committee.
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Zodiac Ventures Ltd has extended the closing date of its Rights Issue from 14th August 2025 to 25th August 2025. The Rights Issue Committee, in a meeting on 13th August 2025, decided to extend the offer period to give eligible shareholders more time to exercise their rights. The issue originally opened on 31st July 2025, and no other changes have been made to the Letter of Offer, Abridged LOF, or Common Application Form. The revised allotment date is expected on or about 3rd September 2025, with listing on or about 8th September 2025.
Existing shareholders get an additional 11 days to subscribe to the Rights Issue. An extension may indicate slower-than-expected subscription uptake, but it also gives eligible shareholders more flexibility to participate before the issue closes.