Intimation of newspaper publication with respect to allotment
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Zodiac Ventures Limited has informed BSE about newspaper advertisements published on September 5, 2025 disclosing the basis of allotment for its recently concluded rights issue. The rights issue opened on July 31, 2025 and closed on August 25, 2025, offering 4,51,08,000 equity shares at ₹6.30 per share (face value ₹1 + ₹5.30 premium) in a 6:5 ratio to eligible shareholders, raising up to ₹2,841.80 lakhs. The issue received full subscription with 1,892 applications for 4,98,30,872 shares, of which 1,276 applications for 4,65,59,387 shares were valid after technical rejections. All 4,51,08,000 shares were allotted on September 3, 2025, with eligible shareholders receiving 61.88% (2,79,11,722 shares) and renouncees receiving 38.12% (1,71,96,278 shares). Listing approval was received from BSE on September 4, 2025, shares were credited to demat accounts on September 5, 2025, and trading is expected to commence on or before September 8, 2025.
The fully subscribed rights issue brings up to ₹28.42 crore into the company. Existing shareholders will see their holdings adjust per the 6:5 entitlement ratio, and the newly allotted shares should start trading on BSE within a few days, adding float to the stock.