This is a regulatory disclosure pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.
The Board of Directors of Zodiac JRD-MKJ Limited held a meeting on Thursday, August 6, 2026. The meeting commenced at 12:00 p.m. and concluded at 1:00 p.m.
Key Decisions and Approvals:
1. Rights Issue Approval: The Board considered and approved a proposal to raise funds through the issuance of equity shares on a rights basis to its eligible equity shareholders.
- Security Type: Equity shares with a face value of ₹10 each.
- Maximum Issue Size: The aggregate amount for the issue is up to ₹4000 Lakhs (₹40 Crores), inclusive of premium, if any.
- Approvals Required: The issuance is subject to receipt of necessary approvals from regulatory authorities.
- Governing Regulations: The issue will be conducted in accordance with the Companies Act, 2013 (as amended) and the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (as amended).
2. Delegation of Powers: The Board decided to delegate all powers concerning the terms, conditions, and matters connected to or incidental with the Rights Issue to a Rights Issue Committee.
Compliance:
The disclosure includes an annexure (Annexure A) with additional details, as required by the SEBI Circular dated January 30, 2026 (Ref: HO/49/14/14(7)2025-CFD-POD2/I/3762/2026). The annexure confirms the issue is a rights issue for equity shares with a value not exceeding ₹4000 Lakhs and that details for other types of issuances (preferential, bonus, ADR/GDR, debt) are not applicable.
The communication was signed by Mahesh Ratilal Shah, Managing Director (DIN: 00217516), and addressed to The Listing Department of BSE Limited.