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Zodiac Clothing Faces SEBI Compliance Penalty

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Zodiac Clothing Faces SEBI Compliance Penalty

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Zodiac Clothing Company Limited ( (IN:ZODIACLOTH) ) has issued an update.

Zodiac Clothing Company Limited has disclosed a regulatory notice from the National Stock Exchange of India and BSE Limited regarding non-compliance with SEBI LODR Regulations. The issue pertains to the appointment of Mr. Dilip Thakkar as a Non-Executive, Independent Director without passing a Special Resolution, resulting in a financial penalty of Rs. 3,06,800. The company has committed to paying the penalties within the stipulated time, indicating its intent to rectify the compliance issue promptly.

More about Zodiac Clothing Company Limited

Zodiac Clothing Company Limited operates in the fashion industry, focusing on the production and distribution of clothing. The company is known for its range of apparel and has a market presence that emphasizes quality and style.

YTD Price Performance: -32.82%

Average Trading Volume: 3,644

Current Market Cap: 2.24B INR

For a thorough assessment of ZODIACLOTH stock, go to TipRanks’ Stock Analysis page.

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