Pursuant to Regulations 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations') and other applicable provisions, if any, we would like to inform you that the Board of Directors of Zodiac Clothing Company Limited ('the Company') at their meeting held today i.e. Monday, 06th February, 2023 have interalia considered and approved the following:
a)Sale of the Company's property situated at Plot No. 9, Part of Doddenakkundi I Phase Industrial Area, Survey No. 77 of Doddenakkundi Village, K R Puram Hobli, Bangalore together with structure standing thereon for a total consideration of not less than Rs. 43,15,00,000/- (Forty Three Crores and Fifteen Lakhs Only).