Zodiac Ventures Ltd — Important, 05-09-2025: Company Update
Here are the summaries based on the provided documents:
**1. United Vans Der Host Limited**
United Vans Der Host Limited has announced its 38th Annual General Meeting will be held virtually, allowing shareholders to participate and cast their votes electronically. The company also set a book closure period to identify eligible shareholders for the final dividend payment. This ensures key corporate decisions are made and dividends distributed efficiently to investors.
**2. Zodiac Ventures Limited**
Zodiac Ventures Limited successfully completed its Rights Issue, allotting 4.51 Cr equity shares at ₹6.30 each, which raised ₹28.42 Cr. This capital infusion strengthens the company's financial position. The new shares have been credited to demat accounts and are expected to begin trading on the stock exchange soon, providing liquidity to investors.
**3. Bank of Baroda**
Bank of Baroda has taken symbolic possession of a secured asset from M/s. The Global Fashion, following their default on a loan amounting to ₹18.56 Lakh. This action highlights the bank's diligent efforts to recover non-performing assets. The public is cautioned against dealing with this property as the bank proceeds with recovery measures.
**4. Kogta Financial (India) Limited**
Kogta Financial (India) Limited has taken symbolic possession of secured assets from multiple borrowers who defaulted on loans. The outstanding amounts include ₹22.69 Lakh, ₹27.42 Lakh, and ₹21.88 Lakh respectively. This action demonstrates the company's focus on recovering dues, reinforcing its asset quality management and informing the public against transactions involving these properties.
**5. Equitas Small Finance Bank Ltd.**
Equitas Small Finance Bank Limited issued demand notices to borrowers for defaulted loans classified as Non-Performing Assets. Outstanding amounts total ₹31.22 Lakh and ₹24.73 Lakh for two separate accounts. The bank warns against transactions with the secured properties and will proceed with possession and sale if dues are not cleared within 60 days, reflecting its robust recovery process.
