UpdatesCompany Update
Zodiac-JRD-MKJ's board approved Q1 financial results, reporting a consolidated profit of ₹0.35 Cr on ₹12.78 Cr revenue.
Zodiac-JRD-MKJ Ltd512587 · Filed with the exchange
Standalone profit was ₹0.11 Cr on ₹4.20 Cr revenue.
The company plans to increase authorized share capital from ₹11 Cr to ₹18 Cr, subject to shareholder approval.
Mr. Marc Christopher Weinmann has been appointed as an Additional Non-Executive Director.
The board also confirmed the completion of VEM Tooling India Pvt Ltd acquisition and that ₹23.19 Cr from the recent rights issue were fully utilized for this acquisition and general corporate purposes, with no deviations.
A new RTA, Purva Sharegistry (India) Pvt. Ltd., was appointed for better reach and cost efficiency.
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