Outcome of the Board Meeting held on 25th July 2025, inter alia, to consider recommending Final Dividend.
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Awaiting price reaction for this filing.
The Board of Directors of Zodiac Ventures Ltd met on 25th July 2025 and recommended a Final Dividend of Rs. 0.10 per equity share (10% on paid-up equity share capital) for the financial year ended 31st March 2025. The dividend is being declared out of the company's reserves under Rule 3 of the Companies (Declaration and Payment of Dividend) Rules, 2014, meaning it is not being paid out of current year profits. Payment is conditional on shareholder approval at the upcoming AGM and will be made within 30 days of declaration. The announcement was filed with BSE under Scrip Code 503641 in compliance with SEBI LODR Regulations.
The proposed dividend is small in absolute terms (Rs. 0.10 per share) and is being paid from reserves rather than profits, which signals limited current-year earnings. Shareholders should view this as a nominal reward rather than a strong income signal, with no direct catalyst expected for the stock price.