StockWatch
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Gems- Jewellery And Watches
Rights Issue7 Aug 2026, 08:50 pm

Zodiac-JRD-MKJ Proposes Rights Issue of ₹40 Cr

AI Summary

Zodiac-JRD-MKJ Ltd has announced a proposed Rights Issue of Fully Paid-up Equity Shares, aiming to raise an aggregate amount not exceeding ₹40,00,00,000 (Indian Rupees Forty Crores). The issue is on a rights basis to eligible equity shareholders. A Draft Letter of Offer dated August 6, 2026, has been enclosed for record. The company was incorporated in 1987 and has undergone name changes and conversion from private to public limited. The registered office is in Mumbai. Promoters include Mudit Sharadkumar Jain, Bluerock Industrial Infrastructure Management LLP, and Bluerock Infrastructure Solutions LLP. The company confirms neither it nor its promoters or directors are identified as wilful defaulters or fraudulent borrowers.

Key Highlights

  • Company proposes Rights Issue to raise up to ₹40 Cr.
  • Issue is on a rights basis to eligible equity shareholders.
  • Draft Letter of Offer dated August 6, 2026, has been filed.
  • Company and promoters are not identified as wilful defaulters.