Outcome of the Board Meeting dated 3rd September 2025 - Allotment pursuant to Rights Issue
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Zodiac Ventures Limited has completed the allotment of 4,51,08,000 Rights Equity Shares at an issue price of ₹6.30 per share (including a premium of ₹5.30 per share) with a face value of ₹1 each. The Rights Issue was for an aggregate amount of up to Rs. 2,841.80 Lakh. Following this allotment, the company's paid-up equity share capital has increased from Rs. 3,75,90,000 (3,75,90,000 shares) to Rs. 8,26,98,000 (8,26,98,000 shares). The Board approved the allotment at its meeting held on 3rd September 2025, with the Basis of Allotment finalised in consultation with BSE Limited and the Registrar to the Issue.
The equity base of the company has more than doubled, which will dilute existing shareholders' ownership unless they participated fully in the Rights Issue. Shareholders who did not subscribe may see their stake reduced, and the stock price may adjust to reflect the larger share count.