Rights Issue: Zodiac-JRD-MKJ plans to raise up to Rs 40 crore

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

-1.3%Reaction day

₹38.49

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.0%-1.3% vs market

Gems, Jewellery And Watches peers, median of 34sector+0.0%-1.3% vs sector

On the reaction day the stock moved 1.3 pts less than Nifty Microcap 250 and 1.3 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.

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Reaction day

-1.3+0.0-1.3+0.0-1.3

Next day

+0.8-0.0+0.8+0.0+0.8

+1.3-0.2+1.5+0.0+1.3

+0.7+0.2+0.5-0.9+1.6

-1.3+0.3-1.7-1.3-0.0

-2.6+0.4-3.0-1.9-0.7

-1.4+0.9-2.3-1.9+0.5

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-3.5+1.6-5.1-1.0-2.5

-0.4+2.0-2.4-1.0+0.7

-14.3+0.6-14.9-2.8-11.5

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UpDownMarket · Nifty Microcap 250Sector · Gems, Jewellery And Watches peers, median of 34Pending

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

AI summary

The Rights Issue Committee of Zodiac-JRD-MKJ Ltd. met on 6 August 2026 and approved the Draft Letter of Offer for a Rights Issue of fully paid-up equity shares of Rs 10 each to eligible shareholders. The company plans to raise up to Rs 40 crore (Rs 4,000 lakhs), subject to BSE in-principle approval. The issue price, ratio, and record date are yet to be decided and will be notified later. This is a fund-raising move to bring in fresh equity capital.

Likely market impact

Shareholders may need to invest more capital to retain their stake once terms are announced. Watch for dilution and the final issue price and ratio.