🔍

Zodiac-JRD-MKJ Ltd (512587)

📊 BSE: 512587 🏢 Gems, Jewellery And Watches 📢 Latest filing: 24 Sep 2026

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Zodiac-JRD-MKJ's revenue was ₹12.9 Cr (+1.3% year on year, +62.5% on the previous quarter), and net profit ₹0.9 Cr (+164.1% year on year); the operating margin was 11.6%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹12.9	+1.3%	+62.5%
Operating profit	₹1.5	-6.3%	+476.5%
Net profit	₹0.9	+164.1%	-67.0%
EPS (₹)	0.76	+137.5%	-68.6%
Operating margin	11.6%	—	—

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

Zodiac-JRD-MKJ Approves ESOP 2026 for 7.68 Lakh Shares and Ups Capital to ₹27 Cr

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 24 Sep 2026, 10:04 PM

Shareholders of Zodiac-JRD-MKJ Limited approved key AGM resolutions on September 24, 2026. The company approved the Zodiac JRD MKJ Employees Stock Option Plan 2026 covering 7,68,294 shares. Additionally, the authorized share capital was increased from ₹18.00 crore to ₹27.00 crore, and CA Girish L. Shethia was reappointed as statutory auditor for a five-year tenure until the FY31 AGM.

Approved ESOP 2026 scheme covering 7,68,294 equity shares
Increased authorized share capital from ₹18,00,00,000 to ₹27,00,00,000
Authorised shares expanded from 1.80 crore to 2.70 crore equity shares of ₹10 each
Re-appointed CA Girish L. Shethia as Statutory Auditor for 5 years until the 43rd AGM (FY 2030-2031)

💡 Track subsequent disclosures on grant dates, exercise pricing, and vesting terms under the ESOP 2026 scheme.

Zodiac-JRD-MKJ Approves ESOP 2026 for 7.68 Lakh Shares and Ups Capital to ₹27 Cr

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 24 Sep 2026, 08:32 PM

Approved ESOP 2026 scheme covering 7,68,294 equity shares
Increased authorized share capital from ₹18,00,00,000 to ₹27,00,00,000
Authorised shares expanded from 1.80 crore to 2.70 crore equity shares of ₹10 each
Re-appointed CA Girish L. Shethia as Statutory Auditor for 5 years until the 43rd AGM (FY 2030-2031)

💡 Track subsequent disclosures on grant dates, exercise pricing, and vesting terms under the ESOP 2026 scheme.

Zodiac-JRD-MKJ Sets Sept 17, 2026 Record Date for 39th AGM

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 21 Aug 2026, 04:05 PM

Zodiac-JRD-MKJ Limited has announced the schedule for its 39th Annual General Meeting (AGM) to be held on September 24, 2026. The record date (cut-off date) for determining member voting entitlement has been fixed as September 17, 2026. The share transfer books and register of members will remain closed from September 17 to September 24, 2026. Remote e-voting will take place between September 21, 2026 (09:00 AM) and September 23, 2026 (05:00 PM).

39th Annual General Meeting scheduled for September 24, 2026
Record date / cut-off date for e-voting fixed as September 17, 2026
Book closure from September 17, 2026 to September 24, 2026 (both days inclusive)
Remote e-voting window open from September 21, 2026 (09:00 AM) to September 23, 2026 (05:00 PM)

💡 Shareholders wishing to vote on AGM resolutions should ensure their shareholding is settled by the cut-off date of September 17, 2026.

Zodiac-JRD-MKJ Fixes Sept 17, 2026 Record Date for 39th AGM; Book Closure from Sept 17-24

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 21 Aug 2026, 04:02 PM

Zodiac-JRD-MKJ Ltd has scheduled its 39th Annual General Meeting (AGM) for Thursday, September 24, 2026. The company announced a book closure period from September 17, 2026, to September 24, 2026 (both days inclusive). The cut-off / record date to determine member voting entitlement is set for Thursday, September 17, 2026. Remote e-voting will run from September 21, 2026 (9:00 AM) to September 23, 2026 (5:00 PM).

39th Annual General Meeting scheduled for Thursday, September 24, 2026
Record date (cut-off date) for e-voting eligibility fixed as September 17, 2026
Book closure period from September 17, 2026 to September 24, 2026 (both days inclusive)
Remote e-voting window opens September 21, 2026 (09:00 AM) and closes September 23, 2026 (05:00 PM)

💡 Shareholders seeking to vote at the 39th AGM should ensure shares are held in their demat account before the cut-off date of September 17, 2026, and track the AGM resolutions.

Zodiac-JRD-MKJ Notice for 39th AGM: Proposes Increasing Authorised Capital to ₹27 Cr & New ESOP Plan

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 21 Aug 2026, 03:57 PM

Zodiac-JRD-MKJ Limited has issued notice for its 39th Annual General Meeting scheduled on September 24, 2026, via video conferencing. Key agenda items include approving an increase in authorized share capital from ₹18.00 crore (1.80 crore shares) to ₹27.00 crore (2.70 crore shares). Additionally, shareholders will vote on adopting the 'Zodiac JRD MKJ ESOP Plan 2026' for up to 7,68,294 options and reappointing the statutory auditor for a five-year term ending in FY31.

39th AGM scheduled for September 24, 2026; book closure set from September 17 to September 24, 2026
Proposed increase in Authorised Share Capital from ₹18.00 crore to ₹27.00 crore (2.70 crore shares of ₹10 each)
Approval sought for ESOP Plan 2026 covering up to 7,68,294 employee stock options
Re-appointment of Statutory Auditor Mr. Girish L Shethia for a 5-year term up to the 43rd AGM

💡 Track shareholder voting results following the AGM on September 24, 2026, and watch for any subsequent corporate actions or equity issuances utilizing the expanded authorized share capital.

Zodiac-JRD-MKJ Files FY26 Annual Report; Proposes Capital Hike to ₹27 Cr & New ESOP Plan

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 21 Aug 2026, 03:55 PM

Zodiac-JRD-MKJ Ltd has released its 39th Annual Report for FY 2025-26 and scheduled its Annual General Meeting (AGM) for September 24, 2026. The company is seeking shareholder approval to increase its authorised share capital from ₹18.00 crore to ₹27.00 crore (divided into 2.70 crore equity shares of ₹10 each). Additionally, approval is sought for the implementation of the 'Zodiac JRD MKJ Employee Stock Option Plan 2026' and the re-appointment of statutory auditor Girish L Shethia for a 5-year term. The report also highlights that FY26 was the first year of preparing consolidated financial statements.

AGM scheduled for Thursday, September 24, 2026 via video conferencing.
Proposed increase in Authorised Share Capital from ₹18.00 crore to ₹27.00 crore.
Introduction and shareholder approval sought for ESOP Plan 2026.
Statutory Auditor Girish L Shethia proposed for reappointment for a 5-year term until FY 2030-31.
Reported FY26 ROCE at 4.02% compared to 0.64% in FY25, alongside first-time consolidation of financials.

💡 Track voting outcomes of the 39th AGM on September 24, 2026, particularly for the authorised capital increase and ESOP adoption, as well as subsequent quarterly earnings.

Zodiac-JRD-MKJ Re-appoints Statutory Auditor for 5-Year Term

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 12 Aug 2026, 07:08 PM

Zodiac-JRD-MKJ Ltd has approved the re-appointment of Mr. Girish L. Shethia as the Statutory Auditor for a five-year term, subject to shareholder approval. The decision was finalized in a board meeting held on August 12, 2026. The auditor brings over 35 years of experience in audit, taxation, and financial advisory. This is a standard regulatory procedure for the micro-cap company, which has a market capitalization of ₹41 Cr and TTM revenue of ₹25 Cr.

Re-appointment of Mr. Girish L. Shethia as Statutory Auditor for a period of 5 years.
Auditor possesses over 35 years of professional experience in audit and taxation.
The appointment is subject to the approval of shareholders in the ensuing General Meeting.
Company maintains a debt-free status with a net worth of ₹94 Cr as per latest context.

💡 Investors should look for the upcoming Annual General Meeting (AGM) notice to confirm shareholder approval of the auditor's re-appointment.

Zodiac-JRD-MKJ to increase Authorised Capital to ₹27 Cr; Rights Issue pending BSE approval

🔵 WATCH ⭐ 6/10

BOARD_MEETING 📅 12 Aug 2026, 07:01 PM

Zodiac-JRD-MKJ Ltd has approved its Q1 FY27 financial results and proposed a 50% increase in its authorized share capital from ₹18 crore to ₹27 crore. This capital expansion is a preparatory step for a planned Rights Issue, which is currently awaiting in-principle approval from BSE Limited. The company has also scheduled its 39th Annual General Meeting for September 24, 2026, and re-appointed its statutory auditor for a five-year term. Investors should note that the specific terms of the Rights Issue will be decided only after regulatory clearance.

Proposed increase in Authorised Share Capital from ₹18,00,00,000 to ₹27,00,00,000.
Rights Issue progress is currently dependent on pending in-principle approval from BSE Limited.
39th Annual General Meeting (AGM) scheduled for September 24, 2026, via Video Conferencing.
Statutory Auditor Mr. Girish L. Shethia re-appointed for a 5-year term subject to shareholder approval.
Book closure for the AGM set from September 17, 2026, to September 24, 2026.

💡 Monitor for the BSE in-principle approval and subsequent board meeting where the Rights Issue price and entitlement ratio will be finalized, as this will impact equity dilution.

₹40 Cr Rights Issue: Zodiac-JRD-MKJ Submits Draft Letter of Offer

🔵 WATCH ⭐ 9/10

FUNDRAISE 📅 07 Aug 2026, 08:47 PM

Zodiac-JRD-MKJ Ltd has filed a Draft Letter of Offer for a Rights Issue to raise up to ₹40 crore. This is a massive fundraise relative to the company's current scale, representing approximately 97.5% of its total market capitalization (₹41 Cr) and 160% of its TTM revenue (₹25 Cr). The issue involves fully paid-up equity shares of face value ₹10 each, though the final price and entitlement ratio are yet to be determined. The company currently carries zero debt and has a net worth of ₹94 crore.

Proposed Rights Issue for an aggregate amount not exceeding ₹40.00 crore
Fundraise magnitude is approximately 97.5% of the current market capitalization of ₹41 crore
Issue amount is 1.6x the company's TTM revenue of ₹24.71 crore
Draft Letter of Offer dated August 6, 2026, submitted to BSE for in-principle approval
Company maintains a debt-free balance sheet with a debt-to-equity ratio of 0.00

💡 Monitor the announcement of the final Rights Issue price and the record date to determine the cost of participation. Investors should review the 'Objects of the Issue' in the full DLOF to understand how this significant capital infusion will be deployed, given the current low operating margins of 2.3%.

₹40 Cr Rights Issue: Zodiac-JRD-MKJ Ltd Files Draft Letter of Offer

🔵 WATCH ⭐ 9/10

FUNDRAISE 📅 07 Aug 2026, 08:45 PM

Zodiac-JRD-MKJ Ltd has filed a Draft Letter of Offer for a Rights Issue to raise up to ₹40 crore. This fundraise is highly material, representing approximately 97.5% of the company's current market capitalization of ₹41 crore and 160% of its TTM revenue of ₹25 crore. While the company maintains a zero-debt balance sheet, the specific issue price and entitlement ratio are yet to be finalized. Investors should note that the proposed amount is significant relative to the company's current scale of operations.

Proposed Rights Issue size of up to ₹40.00 crore for fully paid-up equity shares
Fundraise amount represents ~97.5% of the current market capitalization of ₹41 crore
Issue size is approximately 1.6x the company's TTM revenue of ₹25 crore
Company maintains a debt-free status with a net worth of ₹94 crore as per latest context
Promoter holding recently stood at 31.83% as of June 2026

💡 Monitor the upcoming announcement regarding the Rights Issue price and the entitlement ratio to assess the level of equity dilution and the cost of participation.

₹40 Cr Rights Issue: Zodiac-JRD-MKJ to Fix Terms on August 12

🔵 WATCH ⭐ 9/10

FUNDRAISE 📅 06 Aug 2026, 07:38 PM

Zodiac-JRD-MKJ has scheduled a board meeting on August 12, 2026, to finalize the terms of a proposed Rights Issue not exceeding ₹40 Crores. This fundraise is highly material, representing approximately 93% of the company's current market capitalization of ₹43 Crores. The board will also approve the un-audited financial results for Q1 FY27 and finalize details for the 39th Annual General Meeting. Investors should note that the company is currently debt-free with a net worth of ₹94 Crores, making this a significant capital infusion relative to its operations.

Board meeting on August 12, 2026, to fix the record date, price, and entitlement ratio for the Rights Issue.
Rights Issue size capped at ₹40 Crores, nearly equal to the total current market cap of ₹43 Crores.
Approval of Un-Audited Financial Results for the first quarter ended June 30, 2026.
Finalization of the 39th Annual General Meeting (AGM) date and approval of the FY26 Annual Report.
Promoter holding stands at 31.83% as of June 2026, down slightly from 32.83% in March 2026.

💡 Watch for the specific Rights Issue price and entitlement ratio on August 12, as these will determine the extent of equity dilution and the attractiveness of the offer for existing shareholders.

Rs 40 Cr Rights Issue: Zodiac-JRD-MKJ Approves Draft Letter of Offer

🔵 WATCH ⭐ 9/10

FUNDRAISE 📅 06 Aug 2026, 04:32 PM

Zodiac-JRD-MKJ Ltd has approved the Draft Letter of Offer (DLOF) for a Rights Issue to raise up to Rs 40 crore. This fundraise is highly material, representing approximately 95% of the company's current market capitalization of Rs 42 crore and 160% of its TTM revenue of Rs 25 crore. While the board has set the upper limit for the raise, the specific issue price, rights ratio, and record date will be decided at a later meeting. The company currently operates with zero debt and a net worth of Rs 94 crore, making this a significant liquidity event.

Approved fundraise of up to Rs 40,00,00,000 (Rs 40 crore) via a Rights Issue of equity shares.
The proposed issue size is equivalent to ~95% of the company's current market capitalization of Rs 42 crore.
The fundraise amount is ~1.6x the company's total TTM revenue of Rs 24.71 crore.
Equity shares to be issued have a face value of Rs 10 each.
The Rights Issue is subject to in-principle approval from BSE Limited.

💡 Investors should monitor upcoming announcements for the Rights Issue price and the entitlement ratio, which will determine the extent of equity dilution. It is critical to review the final Letter of Offer to understand the specific 'Objects of the Issue' and how the company intends to deploy such a large capital infusion relative to its current scale.

Rs 40 Cr Rights Issue: Zodiac-JRD-MKJ Board Approves Major Fundraise

🔵 WATCH ⭐ 9/10

FUNDRAISE 📅 06 Aug 2026, 01:19 PM

The Board of Zodiac-JRD-MKJ has approved a fundraise of up to Rs 40 crore through a Rights Issue of equity shares. This is a massive capital infusion considering the company's current market capitalization is only Rs 42 crore and its TTM revenue is Rs 25 crore. The specific terms, including the issue price and ratio, will be determined by a newly formed Rights Issue Committee. This move indicates a potential shift in the company's scale or a significant requirement for working capital/expansion.

Approved fundraise of up to Rs 4000 Lakhs (Rs 40 Cr) via Rights Issue
Proposed amount represents approximately 95% of the current market capitalization of Rs 42 Cr
Fundraise value is 1.6x the company's TTM revenue of Rs 25 Cr
Issuance will consist of equity shares with a face value of Rs 10 each
Rights Issue Committee delegated to finalize terms, conditions, and timelines

💡 Investors should wait for the Letter of Offer to identify the 'Objects of the Issue' to see how this capital will be deployed. Monitor the announcement of the Rights price and record date, as the scale of the issue suggests significant potential for equity dilution.

₹40 Crore Rights Issue Approved by Zodiac-JRD-MKJ Ltd

🔵 WATCH ⭐ 9/10

FUNDRAISE 📅 06 Aug 2026, 01:18 PM

Zodiac-JRD-MKJ Ltd has approved a fundraise of up to ₹40 crore through a Rights Issue of equity shares. This is a massive capital infusion considering the company's current market capitalization is only ₹42 crore. The Board has delegated the finalization of the issue price, rights ratio, and record date to a specialized Rights Issue Committee. Investors should note that a fundraise of this magnitude relative to the company's size (160% of TTM revenue) suggests a significant shift in business scale or capital structure.

Proposed fundraise of up to ₹4,000 lakhs (₹40 crore) via Rights Issue
Issue size represents approximately 95% of the company's current market capitalization of ₹42 crore
Fundraise amount is 1.6x the company's TTM revenue of ₹24.71 crore
Equity shares to be issued at a face value of ₹10 each
Rights Issue Committee formed to decide terms, including pricing and entitlement ratio

💡 Monitor upcoming announcements regarding the Rights Issue price and record date. Evaluate the discount offered to the current market price (₹38.6) and the company's eventual disclosure on how these funds will be utilized.

Board Meeting on Aug 6 to Consider Fund Raising via Rights Issue

🔵 WATCH ⭐ 7/10

FUNDRAISE 📅 30 Jul 2026, 06:27 PM

Zodiac-JRD-MKJ Ltd has scheduled a board meeting for August 6, 2026, to consider a proposal for raising funds through a Rights Issue. This comes at a time when the company has a micro-cap valuation of ₹38 Cr and a significant net worth of ₹94 Cr. The stock has seen a 33.2% decline over the last 12 months, and the promoter holding recently decreased slightly to 31.83%. The specific size and pricing of the issue will be determined at the upcoming meeting.

Board meeting scheduled for August 6, 2026, to approve the Rights Issue proposal
Company currently maintains a zero-debt status with a net worth of ₹94 Cr
Market capitalization stands at ₹38 Cr, which is significantly lower than its book value (P/B of 0.4)
Promoter holding decreased from 32.83% in March 2026 to 31.83% in June 2026
TTM Revenue for the period ending March 2026 was ₹25 Cr with a PAT of ₹3 Cr

💡 Investors should watch for the board's decision on August 6 regarding the Rights Issue price, the entitlement ratio, and the total amount intended to be raised.

View All 512587 Announcements on Live Market Tracking →