Zodiac-JRD-MKJ Plans ₹40 Crore Rights Issue

Zodiac-JRD-MKJ Limited announced a Rights Issue of up to 1,60,00,000 equity shares of face value ₹10 each, at a price of ₹25 per share, aggregating up to ₹4,000 Lakhs (₹40 Crore). The issue will be offered to existing shareholders in the ratio of 145 rights equity shares for every 100 equity shares held as of the record date, November 11, 2026. The issue price represents 2.5 times the face value of the equity shares. The company confirmed that neither it nor its promoters or directors are identified as wilful defaulters or fraudulent borrowers.