Zodiac-JRD-MKJ Limited has intimated the Bombay Stock Exchange about an upcoming board meeting scheduled for Thursday, 6th August 2026. The primary agenda for the meeting is to consider and approve a proposal for raising funds through the issuance of equity shares on a rights basis to the company's eligible equity shareholders.
The rights issue is subject to obtaining requisite approvals from relevant regulatory authorities and must comply with applicable provisions of:
- Companies Act, 2013 (as amended)
- SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (as amended)
- Other applicable laws and regulations
The board may also consider any other matters with the permission of the Chair and with the consent of a majority of directors present in the meeting, including at least one independent director.
The communication was digitally signed by Mahesh Ratilal Shah, Managing Director (DIN: 00217516), on 30th July 2026 at 18:11:17 IST.
Financial Impact
Financial impact not quantified in the disclosure. The specific amount to be raised through the rights issue and the impact on share capital will be determined subject to board approval and regulatory clearances.