At meeting held on 12 September 2018The Board of Zodiac Clothing Company at its meeting held on 12 September 2018 has allotted 11,83,081 Convertible Warrants on Preferential basis at a price of Rs. 169.05/- per Warrant aggregating to Rs 19.99 crore. The Board has allotted 17,74,622 Equity Shares on Preferential basis at a price of Rs. 169.05/- per Equity Share aggregating to Rs. 29.99 crore.
Consequently w.e.f. 12 September, 2018, the Issued, Subscribed a d Paid up Capital of Company stands increased to Rs. 21,29,45,960/- consisting of 2,12,94,596 Equity Shares of Rs. 10/- each. The aforementioned shares rank pari passu with the existing Equity Shares of the Company.
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