Zodiac-JRD-MKJ Ltd — Dividend/Bonus, 15-05-2025: Corp. Action

Zodiac-JRD-MKJ Limited has announced a board meeting and approved a rights issue of 57.98 lakh equity shares at Rs. 40 per share, totaling up to Rs. 23.19 Cr. Shareholders will receive 112 rights shares for every 100 shares held as per the record date. The rights entitlement will be credited to shareholders’ demat accounts before the issue opens. The issue will open on May 30 and close on June 9, with on-market renunciation allowed until June 3. This capital raise will provide the company with additional funds to support its operations and growth plans.