Zodiac-JRD-MKJ has received approval for the proposal for raising of funds by way of an issuance of equity shares of face value of Rs 10 each of the company to its eligible equity shareholders on Rights basis (Rights Issue) up to an aggregate amount of Rs 40 crore (inclusive of premium, if any) subject to receipt of necessary approvals from regulatory authorities, as applicable and in accordance with applicable provisions of the Companies Act, 2013, as amended, SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, and other applicable laws. The Board of Directors of the Company at their meeting held on August 6, 2026 have considered and approved the same.
Zodiac-JRD-MKJ mainly imports rough diamonds from Belgium or buys them locally from Hindustan Diamonds and cuts and polishes them.
