Deals8 Jan 2026, 06:47 pm
Zodiac-JRD-MKJ Ltd Subsidiary Secures Rs. 10 Crores in Purchase Orders
AI Summary
Zodiac-JRD-MKJ Ltd announced that its subsidiary, VEM Plastic Molding Private Limited, has received two purchase orders valued at approximately Rs. 10 crores. The first order is from SIPRADI YATRI P. LTD. for manufacturing plastic panels for P-2 scooters. The second order is from MAGNA AUTOMOTIVE INDIA PVT LTD, a three-year contract to supply plastic parts for Tata Sierra and other Tata SUVs through Tata Motors Limited’s OEM supplier. This will generate approximately Rs. 3 crores in annual revenue for the company.
Key Highlights
- Zodiac-JRD-MKJ Ltd's subsidiary, VEM Plastic Molding Private Limited, has secured purchase orders worth approximately Rs. 10 crores.
- The first order is from SIPRADI YATRI P. LTD. for manufacturing plastic panels for P-2 scooters.
- The second order is from MAGNA AUTOMOTIVE INDIA PVT LTD, a three-year contract to supply plastic parts for Tata Sierra and other Tata SUVs.
- This will generate approximately Rs. 3 crores in annual revenue for the company.
- The orders are expected to have a positive impact on the business operations and financial performance of the subsidiary company and the Company.