Attached herewith the pre issue advertisement publish in newspaper in English and Marathi
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Zodiac-JRD-MKJ Limited has published the pre-issue advertisement in English (Financial Express), Hindi (Jansatta), and Marathi (Mumbai Lakshdeep) newspapers on May 27, 2025, as required under SEBI ICDR Regulations. The company is issuing up to 57,98,443 equity shares of ₹10 face value at ₹40 per share (including ₹30 share premium), aggregating up to ₹2,319.38 lakhs. The rights entitlement ratio is 112 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, with the last date for on-market renunciation being June 3, 2025. The issue price is 4 times the face value. MUFG Intime India is the registrar and HDFC Bank is the banker to the issue.
Existing shareholders as of the record date (May 21, 2025) get the opportunity to subscribe to the rights issue at ₹40 per share to maintain or increase their stake. If shareholders do not subscribe, their holdings will be diluted. The issue size of ₹2,319.38 lakhs is relatively significant and will be used for purposes disclosed in the Letter of Offer.