Zodiac-JRD-MKJ Ltd — Important, 07-08-2026: Company Update

Zodiac-JRD-MKJ Limited is launching a rights issue to raise up to ₹40 Crore. The funds will primarily fuel the company’s strategic pivot into automotive components, including the acquisition of Aerocom Automotives for ₹24.5 Crore and investing ₹4 Crore in its subsidiary, VEM Plastic Molding. An additional ₹5 Crore will augment working capital. This move aims to leverage the growing auto and EV markets. Promoters fully intend to subscribe to their entitlements, ensuring the issue's success. Recent annual financial results show a shift from a ₹1.37 Crore loss in 2024 to a ₹3.86 Crore consolidated profit in 2026. However, auditors highlighted concerns about bank balances, inventory verification, and tax disputes.