Zodiac JRD MKJ has announced securing multiple orders with a combined value of ₹130 million, marking a significant milestone in the company's business operations. This substantial order intake represents a major boost to the company's order book and demonstrates strong market demand for its products and services.

Order Details and Financial Impact

The company has successfully secured these multiple orders, which collectively amount to ₹130.00 million. This achievement highlights Zodiac-JRD-MKJ's competitive positioning in its market segment and its ability to attract substantial business contracts.

Business Implications

The receipt of these multiple orders worth ₹130 million is expected to have a positive impact on the company's revenue pipeline. This development showcases the company's operational capabilities and market presence, which have enabled it to secure such significant business opportunities.

The order wins demonstrate confidence from clients in Zodiac-JRD-MKJ's ability to deliver quality products and services. This achievement positions the company favorably for sustained business growth and operational expansion in the coming periods.

Market Position

Securing orders of this magnitude reflects the company's strong market position and its ability to compete effectively in its industry segment. The multiple order structure indicates diversified client engagement, which can contribute to business stability and reduced concentration risk.

This announcement represents a positive development for Zodiac-JRD-MKJ's stakeholders, as it strengthens the company's financial outlook through enhanced order book visibility and revenue potential.

Zodiac Jrd Mkj Limited, a company specializing in diamonds, jewellery, and precious stones, has successfully obtained shareholder approval for its Employee Stock Option Plan (ESOP) implementation. The shareholders approved the alterations to the Articles of Association at the Extra-Ordinary General Meeting held on December 18, 2025.

EGM Approval and ESOP Implementation

The shareholders of Zodiac-JRD-MKJ Limited have approved the alteration of Articles of Association to include provisions for the issuance of shares under the Employee Stock Option Plan. This approval was obtained during the EGM conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM) as previously scheduled.

New Articles of Association Framework

The approved alterations include the addition of Clause 66A to the Articles of Association, which empowers the Board of Directors with comprehensive authority over ESOP implementation. The new framework grants the Board extensive powers including formulating, approving, varying, amending, modifying, suspending or terminating ESOP schemes from time to time.

Board Powers Under New ESOP Framework

Under the newly approved Article 66A, the Board of Directors, including any constituted committee such as the Nomination and Remuneration Committee, has been empowered with several key responsibilities:

Statutory Auditor Appointment

Prior to the EGM, the Board of Directors had appointed Mr. Girish L. Shethia, a Chartered Accountant, as the new Statutory Auditor for Financial Year 2025-26. Mr. Shethia brings over 35 years of professional experience in statutory audits, internal audits, tax compliance, and RERA compliance. This appointment filled the casual vacancy arising from the resignation of the previous auditor, M/s. H. G. Sarvaiya & Co.

Regulatory Compliance

The company has ensured full compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The approval enables the company to implement the ESOP scheme while maintaining adherence to applicable laws and regulations.

The successful approval of the ESOP framework demonstrates Zodiac-JRD-MKJ Limited's commitment to enhancing employee engagement through stock ownership opportunities while maintaining strong corporate governance standards.