Zodiac Clothing Company Ltd

Fund utilisation deviation status

• Mode of fund raising: Preferential issue
• Funds raised: Rs. 14,99,99,926.02
• Date of fund raising: 16 January 2026
• Report for quarter ended: 30 June 2026
• Monitoring agency: Not Applicable
• Deviation in use of funds: None
• Audit committee comments: No deviation against stated objects
• Auditors' comments: NIL
• Original objects: capex growth and general corporate purposes
• Original allocations: 11.25 Cr for capex; 3.75 Cr for corporate purposes
• Modified object: None; Modified allocation: Not Applicable
• Funds utilised: NIL
• Amount of deviation/variation: None
• Status: No deviation; funds not utilised against objects

Liquidation update

• Voluntary liquidation of Zela Technologies Inc., Delaware, approved 7 Aug 2026; Zodiac informed 10 Aug 2026.
• Revised annexure filed with corrected net worth percentage under Regulation 30 and SEBI Master Circular.
• As at 31 March 2026: revenue from operations USD 667 (Rs 58,905); net worth USD (49,152) (Rs (46,13,095)).
• Revenue share 0.01%; net worth share (0.25%).
• Sale/disposal not applicable as liquidation is voluntary.
• No related party transactions reported; no arm's-length concerns.
• No governance changes; Zodiac's board unaffected by subsidiary liquidation.

Liquidation update

• Voluntary liquidation of Zela Technologies Inc. (Delaware) approved on 7 August 2026; conveyed 10 August 2026.
• FY2026 revenue USD 667 (Rs 58,905); net worth USD -49,152 (Rs -46,13,095); turnover share 0.01%.
• Not a sale; no buyers; liquidation is voluntary, no related-party transaction.
• Wholly-owned indirect subsidiary winding up; impact on group finances remains limited to these figures.
• Annexure A shows pre-liquidation financials as at 31 March 2026.

Dematerialisation/rematerialisation reporting

• Details of dematerialized/rematerialized securities for the quarter were furnished to all stock exchanges.
• KFIN Technologies Limited confirms furnishing such details to exchanges.
• NSDL and CDSL confirmations state details were furnished to all exchanges.

🗓️ Meeting Details

• Board meeting scheduled for Friday, 13 February 2026.

📊 Financial Results

• Approval of unaudited standalone and consolidated financial results for Q3 and nine months ended 31 December 2025.
• Consideration of auditors' reports on the financial results.