
Zodiac Clothing Reports No Deviation in Fund Utilization
Zodiac Clothing Company Ltd held a Board Meeting on August 12, 2025, to consider and approve the Un-Audited Consolidated and Standalone Financial Results for the quarter ended June 30, 2026. The company also reviewed the Independent Auditors' Limited Review Report. A key outcome was the Statement of Deviation/Variation in the utilization of funds raised via Preferential Issues on January 16, 2026, amounting to ₹14,99,99,926.02. The company confirmed there is no deviation or variation in the utilization of these funds against the stated objects, which include capital expenditure for growth and general corporate purposes. The 42nd Annual General Meeting is scheduled for September 30, 2026. The financial results for the quarter ended June 30, 2026, showed total income of ₹3512.61 Lakhs.
Key Highlights
- No deviation reported in fund utilization for preferential issue.
- Financial results for Q1 FY26 reviewed and approved.
- AGM scheduled for September 30, 2026.
- Total income for Q1 FY26 stands at ₹3512.61 Lakhs.
- Independent Auditors' Limited Review Report also considered.
Price Impact
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