StockWatch
·
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 Limited 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. The company confirms neither it nor its promoters or directors are identified as wilful defaulters or fraudulent borrowers. The issue price per equity share is to be finalized.

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.
  • Issue price and ratio details are to be finalized.