BSEZodiac-JRD-MKJ LtdMediumNeutral
Announced Mon, 18 Aug · 15:40 IST

In terms of Regulation 30 read with part A of Schedule III of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 ("the Listing Regulations"), we wish to inform ....

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Zodiac-JRD-MKJ Ltd's board met on August 18, 2025 and approved adopting a new Memorandum of Association and a new set of Articles of Association to align them with the current Companies Act, 2013 (the existing ones were based on the old 1956 Act). The new MOA retains the main objects clause but drops the incidental/other objects clauses as required under the 2013 Act. The new AoA is a complete replacement, restructured and renumbered to reflect updated law, SEBI regulations, and ICSI secretarial standards, also reflecting the change in management. Both changes need shareholder approval at the upcoming 38th AGM, which is now scheduled for September 25, 2025 via video conferencing. The board meeting lasted only 30 minutes, and no financial action like dividend, buyback, or stock split was announced.

Likely market impact

This is a routine housekeeping and corporate governance update; no impact on shareholders' pockets or share price is expected. Investors should just note the AGM date of September 25, 2025, where they will vote on adopting the new MOA and AoA.