Rights Issue6 Aug 2026, 01:20 pm
Zodiac-JRD-MKJ Ltd Plans ₹4000 Lakh Rights Issue
AI Summary
Zodiac-JRD-MKJ Ltd announced today, August 6, 2026, that its Board of Directors has approved a Rights Issue to raise up to ₹4000 Lakhs by issuing equity shares to eligible shareholders. The funds will be raised through equity shares of face value Rs.10 each. The Board has delegated powers to a Rights Issue Committee to manage the terms and conditions. This move is subject to necessary regulatory approvals and compliance with the Companies Act, 2013, and SEBI regulations. The Board meeting commenced at 12:00 p.m. and concluded at 01:00 p.m.
Key Highlights
- Board approved a Rights Issue to raise ₹4000 Lakhs.
- Funds to be raised via issuance of equity shares to eligible shareholders.
- A Rights Issue Committee will manage the terms and conditions.
- Subject to regulatory approvals and applicable laws.
Price Impact
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