Zodiac Clothing Company Limited received notices from NSE and BSE on 17 Mar 25 for non-compliance with SEBI LODR Regulations, 2015. The non-compliance pertains to the appointment of Mr. Dilip Thakkar as a Non-Executive, Independent Director who had attained 87 years of age without prior special resolution, violating Regulation 17 (1A). This notice is applicable for the quarter ended 30 Sep 24. The financial implication of this non-compliance is a penalty of ₹3,06,800 (inclusive of GST), which the company will pay to NSE and BSE.