
Subsidiary1 Jun 2026, 04:29 pm
VEM Plastic Molding Becomes Material Subsidiary of Zodiac-JRD-MKJ
AI Summary
VEM Plastic Molding Private Limited, a subsidiary of Zodiac-JRD-MKJ Limited, has become a material subsidiary of the company. This determination was made according to Regulation 16(1)(c) of the SEBI Listing Regulations, as VEM Plastic Molding's turnover and net worth exceeded ten percent of the consolidated turnover and net worth of Zodiac-JRD-MKJ and its subsidiaries for the financial year ended March 31, 2026.
Key Highlights
- VEM Plastic Molding qualifies as a Material Subsidiary.
- Decision based on FY26 audited financial statements.
- Complies with SEBI Listing Regulations 16(1)(c).
Price Impact
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