Zodiac Clothing board to meet on May 28 for FY26 results

0 min read     Updated on 23 May 2026, 08:01 PM
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Shriram SScanX News Team
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Zodiac Clothing Company Limited has scheduled a board meeting for May 28, 2026, to approve the audited financial results for the quarter and fiscal year ended March 31, 2026. The trading window will remain closed until 48 hours after the meeting concludes.

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zodiac clothing has scheduled a meeting of its Board of Directors for Thursday, May 28, 2026. The meeting will be convened pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Agenda for the Meeting

The primary agenda for the upcoming board meeting is to consider and approve the Audited Financial Results for the quarter and financial year ended March 31, 2026. These results will include both Standalone and Consolidated financial statements, accompanied by the reports of the Auditors.

Additionally, the Board will address other incidental and ancillary matters that may arise during the proceedings.

Trading Window Closure

In compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and the Company's Code on prohibition of Insider Trading, the Trading Window will remain closed. This closure will continue until forty-eight hours after the conclusion of the Board Meeting on May 28, 2026.

The intimation regarding this meeting was officially communicated to the stock exchanges on May 23, 2026.

Historical Stock Returns for Zodiac Clothing

1 Day5 Days1 Month6 Months1 Year5 Years
+0.75%+1.28%-1.31%-13.42%-32.27%-27.28%

How might Zodiac Clothing's FY2026 annual revenue and profit margins compare to the previous fiscal year, given the challenging retail environment?

Will the board consider announcing a dividend or share buyback program alongside the financial results, signaling confidence in the company's cash position?

How has Zodiac Clothing's stock price historically reacted following quarterly earnings announcements, and what analyst expectations are priced in ahead of this meeting?

Zodiac Clothing Company Limited Receives CRISIL BB/Stable Rating for Rs. 53 Crore Bank Facilities

1 min read     Updated on 10 Apr 2026, 11:04 PM
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Zodiac Clothing Company Limited has received CRISIL BB/Stable rating for Rs. 53 crore bank facilities across four banks including HDFC Bank (Rs. 15 crore), RBL Bank (Rs. 20 crore), ICICI Bank (Rs. 10 crore), and Bank of Maharashtra (Rs. 5 crore), plus Rs. 3 crore in proposed limits. The rating was assigned by CRISIL Ratings Ltd. on April 2, 2026, and disclosed under SEBI Regulation 30. The rating remains valid until March 31, 2027, with CRISIL maintaining continuous surveillance of the assigned ratings.

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Zodiac clothing has announced the assignment of CRISIL BB/Stable rating for its bank facilities worth Rs. 53 crore. The company disclosed this development under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, following receipt of the rating letter from CRISIL Ratings Ltd.

Rating Assignment Details

CRISIL Ratings Ltd. communicated the rating assignment through its letter dated April 2, 2026, which was received by Zodiac Clothing Company Limited on April 10, 2026. The rating covers the company's total bank loan facilities and reflects CRISIL's assessment of the company's creditworthiness.

Parameter: Details
Total Bank Loan Facilities Rated: Rs. 53 Crore
Long Term Rating: CRISIL BB/Stable
Rating Letter Date: April 2, 2026
Validity Period: Until March 31, 2027

Bank-wise Facility Distribution

The rated facilities are distributed across multiple banking partners, demonstrating the company's diversified funding approach. The breakdown includes both existing facilities and proposed limits across four major banks.

Bank: Facility Type Amount (Rs. Crore) Rating
RBL Bank Limited: Fund-Based Facilities 20 CRISIL BB/Stable
HDFC Bank Limited: Fund-Based Facilities 15 CRISIL BB/Stable
ICICI Bank Limited: Fund-Based Facilities 10 CRISIL BB/Stable
Bank of Maharashtra: Fund-Based Facilities 5 CRISIL BB/Stable
Proposed Limits: Fund-Based Bank Limits 3 CRISIL BB/Stable

Rating Surveillance and Validity

CRISIL Ratings maintains continuous surveillance and review of all assigned ratings. The rating agency reserves the right to withdraw or revise ratings based on new information or changing circumstances that may impact the assessment. The current rating letter will remain valid until March 31, 2027, after which a new rating letter dated later than this date will be required.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Kumar Iyer, Company Secretary of Zodiac Clothing Company Limited, signed the regulatory filing on April 10, 2026. The rating letter from CRISIL was attached as supporting documentation for the stock exchange filing.

Historical Stock Returns for Zodiac Clothing

1 Day5 Days1 Month6 Months1 Year5 Years
+0.75%+1.28%-1.31%-13.42%-32.27%-27.28%

How will the CRISIL BB/Stable rating impact Zodiac Clothing's borrowing costs and access to additional credit facilities beyond March 2027?

What strategic initiatives is Zodiac Clothing planning to fund with the Rs. 53 crore bank facilities to drive future growth?

Will the company seek to improve its credit rating to investment grade (BBB or above) in the next rating cycle, and what steps might be required?

More News on Zodiac Clothing

1 Year Returns:-32.27%