ALPHA TRIBE

Zodiac Clothing Company LimitedOthers, 19-07-2025: Shareholders meeting

19-07-2025 | 12:53 pm

Zodiac Clothing Company's shareholders have overwhelmingly approved three special resolutions via postal ballot. This includes a decision to raise funds through a preferential allotment of new equity shares to promoters for cash, enhancing the company's capital base. Additionally, shareholders also approved revisions to the remuneration for Whole-Time Directors Mr. Mohamed Awais Jehangir Noorani and Mr. Adnan Salman Noorani. All proposals passed with over 99.9% of votes in favor, indicating strong investor confidence in the company's funding strategy and management compensation plans.

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