Bluerock Infrastructure Solutions Discloses Share Sale in Zodiac-JRD-MKJ Limited Under SEBI Regulations

1 min read     Updated on 11 Dec 2025, 03:11 PM
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Overview

Bluerock Infrastructure Solutions LLP filed a substantial acquisition disclosure with BSE Limited on December 11, 2025, regarding share sale in Zodiac-JRD-MKJ Limited. The off-market transaction was conducted under SEBI Regulation 29(2), with Bluerock identified as part of the promoter group. The target company's share capital comprises 1,09,75,625 equity shares of ₹10.00 each.

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Bluerock Infrastructure Solutions LLP has submitted a regulatory disclosure to BSE Limited regarding a substantial acquisition transaction involving zodiac jrd mkj on December 11, 2025. The disclosure was filed in compliance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The filing reveals key information about the share transaction structure and parties involved:

Parameter Details
Target Company Zodiac-JRD-MKJ Limited
Acquirer Bluerock Infrastructure Solutions LLP
Promoter Group Status Yes
Stock Exchange BSE Limited
Transaction Mode Off Market
Date of Transaction December 11, 2025

Share Capital Structure

The disclosure document indicates that Zodiac-JRD-MKJ Limited's share capital consists of 1,09,75,625 equity shares of ₹10.00 each. This figure represents the total share capital both before and after the transaction, as mentioned in the regulatory filing.

Regulatory Compliance

Bluerock Infrastructure Solutions LLP, identified as belonging to the promoter/promoter group of the target company, submitted the disclosure through its designated partner Rushat P Sanghavi. The company is headquartered at Vardhaman Chambers, Fort, Mumbai, and maintains its registered office at the same location.

The filing was addressed to both BSE Limited and the Company Secretary of Zodiac-JRD-MKJ Limited, ensuring proper notification to all relevant parties as required under SEBI regulations. The disclosure emphasizes compliance with substantial acquisition norms that govern significant shareholding changes in listed companies.

Market Context

Zodiac-JRD-MKJ Limited trades on BSE with scrip code 512587. The off-market nature of the transaction indicates it was conducted outside the regular trading mechanism of the stock exchange, which is common for substantial acquisition transactions involving promoter groups.

The regulatory filing ensures transparency in shareholding changes and provides market participants with necessary information about significant corporate actions involving the listed entity.

Historical Stock Returns for Zodiac Jrd Mkj

1 Day5 Days1 Month6 Months1 Year5 Years
-4.18%-15.19%-23.33%-33.72%-27.59%+43.48%

Zodiac-JRD-MKJ Limited's Auditor Resigns Citing Corporate Structure Changes

1 min read     Updated on 13 Nov 2025, 06:00 PM
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Overview

H.G. Sarvaiya Co., Chartered Accountants, has resigned as the statutory auditor of Zodiac Jrd Mkj Limited, effective November 13, 2025. The auditor, appointed on March 26, 2024, cited changes in corporate structure and limitations in audit scope as reasons for resignation. The company reported no concerns raised by the auditor regarding management. Zodiac Jrd Mkj Limited's audit committee and board will consider appointing new statutory auditors to fill the vacancy. The company's recent financial results show a net profit of 53.88 lakhs for Q2 FY2026 and 88.88 lakhs for H1 FY2026.

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Zodiac Jrd Mkj Limited, a company involved in the trading of goods, has announced the resignation of its statutory auditor, H.G. Sarvaiya Co., Chartered Accountants. The auditor's departure, effective November 13, 2025, comes amidst changes in the company's corporate structure and limitations in the scope of the audit engagement.

Auditor Resignation Details

H.G. Sarvaiya Co. was appointed on March 26, 2024, with a term scheduled to expire on March 31, 2029. Prior to their resignation, the firm completed the statutory audit of standalone and consolidated financials for the second quarter and half-year ended September 30, 2025, submitting their limited review report on November 12, 2025.

Reasons for Resignation

The auditor cited two primary reasons for their resignation:

  1. Changes in corporate structure
  2. Limitations in the scope of audit engagement

It's important to note that the company stated there were no concerns raised by the resigning auditor regarding management, and no material reason for resignation that would require audit committee deliberation.

Company's Response

Zodiac Jrd Mkj Limited has indicated that the audit committee and board will consider appointing new statutory auditors to fill the casual vacancy created by this resignation.

Financial Performance

While the auditor change is a significant development, it's worth noting the company's recent financial performance. According to the unaudited consolidated financial results for the quarter and half-year ended September 30, 2025:

Particulars Q2 FY2026 (in Lakhs) H1 FY2026 (in Lakhs)
Revenue from Operations 1,028.87 2,307.09
Total Income 1,038.55 2,290.33
Profit before Tax 53.88 88.88
Net Profit for the period 53.88 88.88
Earnings per Share (Basic & Diluted) 0.49 0.81

The company's financial results show a positive performance for the period, with a net profit of 53.88 lakhs for Q2 FY2026 and 88.88 lakhs for H1 FY2026.

Conclusion

The resignation of H.G. Sarvaiya Co. as statutory auditors marks a significant change for Zodiac Jrd Mkj Limited. As the company moves forward, stakeholders will likely be watching closely to see how this transition affects the company's financial reporting and corporate governance practices. The appointment of new auditors and any potential changes in corporate structure will be key developments to monitor in the coming months.

Historical Stock Returns for Zodiac Jrd Mkj

1 Day5 Days1 Month6 Months1 Year5 Years
-4.18%-15.19%-23.33%-33.72%-27.59%+43.48%

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1 Year Returns:-27.59%