Attached herewith the outcome of Right issue Committee Meeting along with Letter of Offer (LOF).

Corporate Actions View source PDF Explain this filing

Price

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Price reactionminutes from the announcement price · days from the prior close

-30.3%Reaction day

₹72.44

prior close

₹50.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%-31.1% vs market

Gems, Jewellery And Watches peers, median of 28sector+0.8%-31.1% vs sector

On the reaction day the stock moved 31.1 pts less than Nifty Microcap 250 and 31.1 pts less than its Gems, Jewellery And Watches peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.6

10m

+1.2

15m

+1.2

30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-30.3+0.8-31.1+0.8-31.1

Next day

-35.9+0.7-36.6+0.9-36.8

-31.7+1.3-33.0+0.3-31.9

-33.7+1.9-35.6+1.0-34.8

-32.4+1.8-34.2+0.2-32.6

-32.5+2.2-34.7+0.4-32.9

-35.7+2.8-38.5-1.5-34.2

15d

-22.8+6.3-29.1+0.5-23.3

-18.9+2.0-20.9+0.1-19.0

-21.1+7.6-28.6-1.7-19.4

-33.9+4.1-38.0-4.1-29.7

UpDownMarket · Nifty Microcap 250Sector · Gems, Jewellery And Watches peers, median of 28Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Zodiac-JRD-MKJ Limited's Rights Issue Committee, at its meeting on May 20, 2025, approved the Letter of Offer, Abridged Letter of Offer, Application Form, and Rights Entitlement Letter for a proposed rights issue. The company is issuing up to 57,98,443 equity shares of face value ₹10 each at ₹40 per share (including a ₹30 premium), aggregating up to ₹2,319.38 lakhs (approximately ₹23.19 crore). The ratio is 112 rights shares for every 100 fully paid-up shares held, with the record date set as May 21, 2025. The issue opens on May 30, 2025 and closes on June 9, 2025. The company operates in the diamonds, jewellery, and precious stones sector and is listed on BSE.

Likely market impact

Eligible shareholders as of the record date (May 21, 2025) will receive rights entitlements to subscribe for additional shares at ₹40 each. Existing investors who do not participate may see their equity stake diluted given the issue size represents a significant expansion of the share base. Shareholders should evaluate their participation decision and review the Letter of Offer for details on the use of proceeds.