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Zodiac Clothing Co.Ltd. - Outcome Of The Circular Resolution Passed By The Board Of Directors Pursuant To Section 175 Of The Companies Act, 2013 For The Conversion Of Warrants Into Equity Shares.

| Updated on July 22, 2019

This is to inform that the warrant holders of the Preferential Issue made pursuant to the Special Resolution passed at the Annual General Meeting held on 30th August, 2018 have excercised their option for the conversion of 1183081 Warrants into equivalent Equity Shares of Rs. 10 each of the Company.
Accordingly, the Board of Directors of the Company have vide a Circular Resolution dated 22nd July, 2019, allotted 1183081 Equity Shares of Rs. 10/- each at a premium of Rs. 159.05/- per share to the following warrant holders
Consequently, w.e.f. m 22nd July, 2019, the Issued, Subscribed and Paid up equity share capital of the Company stands increased to Rs. 22,47,76,770(Rupees Twenty Two Crores Forty Seven Lakhs Seventy Six Thousand Seven Hundred & Seventy Only) consisting of 2,24,77,677(Two Crore Twenty Four Lakhs Seventy Seven Thousand Six Hundred & Seventy Seven Only) Equity Shares of Rs. 10/-each. The aforementioned shares rank pari passu with the existing Equity Shares of the Company.

Pdf Link: Zodiac Clothing Co.Ltd. - Outcome Of The Circular Resolution Passed By The Board Of Directors Pursuant To Section 175 Of The Companies Act, 2013 For The Conversion Of Warrants Into Equity Shares.

Source : BSE - www.bseindia.com

Published on July 22, 2019

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