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Incorporated in 1984, Zodiac Clothing Company Limited deals in clothing and clothing accessories
Zodiac Clothing's US subsidiary, Zela Technologies, is undergoing voluntary liquidation. Last year, it contributed 0.01% to revenue (Rs 58,905) and had a negative net worth of (Rs 46.13 Lakh), representing (0.25%) of the company's net worth. This appears to be a cleanup of a non-material entity.
Zodiac Clothing's US subsidiary, Zela Technologies Inc., is in voluntary liquidation. This subsidiary contributed negligible revenue (Rs 58,905) but had a negative net worth of Rs (0.46) Cr, representing a (25)% impact on the group's net worth.
Zodiac Clothing's 41st AGM approved all resolutions. Directors Mr. Mohamed Noorani & Mr. Adnan Noorani were re-appointed. Ms. Djena Sunavala, an experienced attorney, joins as an Independent Director for a 5-year term. M/s Robert Pavrey & Associates LLP appointed as Secretarial Auditors for five fiscal years.
Zodiac Clothing Company Limited has informed the Exchange about General Updates