Archive · 18 Jul 2025
Zodiac Ventures Board to Consider Dividend, Announces Rights Issue
A small consulting company called Zodiac Ventures, which has shares trading under ₹10, is planning a meeting to decide if they will give money to their shareholders, called a dividend.
This dividend would be for the financial year ending in March 2025.
If approved, it'll be the first dividend in about a year.
The company also had a rights issue on July 18th to raise money by selling new shares, where people who already own shares could buy more at a set price.
The actual rights issue is scheduled to happen at the end of July.
Zodiac Ventures will hold a board meeting on July 25 to consider a dividend.
The dividend, if approved, would be for the financial year ending March 31, 2025.
This would be the first dividend announcement in nearly a year.
The record date for a rights issue worth ₹28.41 crore was on July 18.
The rights issue will open on July 31 and close on August 14, with a market renunciation date of August 8.
- Who
- Zodiac Ventures, a micro-cap consulting services firm.
- What
- Zodiac Ventures will consider a dividend for its shareholders and is conducting a rights issue.
- When
- The board meeting is on July 25. The rights issue record date was July 18, and the issue opens on July 31.
- Where
- N/A
- Why
- To consider distributing dividends and to raise capital through a rights issue.
- Company
- Zodiac Ventures
- Meeting Date
- July 25
- Dividend Consideration
- Final dividend for the financial year ended March 31, 2025
- Rights Issue Amount
- ₹28.41 crore
- Rights Issue Price
- ₹6.30 per share
- Rights Issue Opening Date
- July 31
- Rights Issue Closing Date
- August 14
- Share Price (at close)
- ₹9.31