Rights Issue4 Nov 2026, 06:34 pm
Zodiac-JRD-MKJ Ltd Approves ₹4000 Lacs Rights Issue
AI Summary
Zodiac-JRD-MKJ Ltd announced that its Board of Directors has approved the terms of a Rights Issue. The company plans to raise up to ₹4000 Lacs (₹40 Crore) by issuing fully paid-up Equity Shares of face value ₹10 each at a price of ₹25 per share. The Rights Issue will offer 1,60,00,000 equity shares. Eligible shareholders as of the record date, November 11, 2026, will receive 145 shares for every 100 shares held. The issue opens on November 19, 2026, and closes on December 3, 2026. This move aims to raise capital for the company's growth initiatives.
Key Highlights
- Board approves Rights Issue to raise up to ₹4000 Lacs (₹40 Crore).
- Issue price set at ₹25 per Equity Share (face value ₹10).
- Record date for eligibility is November 11, 2026.
- Rights Issue opens November 19 and closes December 3, 2026.
- Shareholders receive 145 shares for every 100 held.
Price Impact
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