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Zodiac-JRD-MKJ Ltd has submitted its Annual Secretarial Compliance Report for the financial year ended 31st March 2026, reviewed by M/s HD & Associates, Practicing Company Secretaries. The secretarial auditor has given a clean bill of health — the company is found to be compliant with all applicable SEBI regulations, the Companies Act, 2013, and Secretarial Standards. The company operates a 90% subsidiary, VEM Plastic Molding Private Limited, which acquired the business of VIM Tooling (India) through a Business Transfer Agreement. One notable event was a fine levied by BSE under Regulation 17(1) of SEBI LODR for alleged non-compliance, which the company successfully challenged — BSE withdrew the fine on 2nd December 2025 after reviewing the company's clarification. The statutory auditor, M/s H.L.G. Sarvaiya & Co., resigned on 13th November 2025, and was replaced by Mr. Girish I. Shethia via an EOGM held on 18th December 2025. No ongoing violations or penalties are outstanding.
The clean secretarial compliance report is a positive signal for governance quality. The successful reversal of the BSE fine removes a potential overhang. Auditor change was handled within regulatory timelines and poses no red flag.