StockWatch
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Gems- Jewellery And Watches
Rights Issue4 Nov 2026, 06:14 pm

Zodiac-JRD-MKJ Ltd Approves Rights Issue of ₹4000 Lakhs

AI Summary

Zodiac-JRD-MKJ Ltd's Board of Directors has approved the terms of a Rights Issue amounting to ₹4000 Lakhs (₹40 Crore). The issue will offer up to 1,60,00,000 fully paid-up equity shares of face value ₹10 each at a price of ₹25 per share. The record date for the issue is November 11, 2026, with the issue opening on November 19, 2026, and closing on December 3, 2026. Eligible shareholders will receive 145 shares for every 100 shares held.

Key Highlights

  • Board approves Rights Issue of up to ₹4000 Lakhs (₹40 Crore).
  • Issue price set at ₹25 per equity share.
  • 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.