Zodiac-JRD-MKJ logo

Zodiac-JRD-MKJ MD, chairman, board of directors and AGM

BSE: 512587Consumer DurablesSmall Cap

Last close ₹28.98down ₹0.43 (1.46%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹29.41.

52-week range of traded prices to 23 Oct 2026
₹27.99Low, 12 Oct 2026₹50.00High, 6 Nov 2025
Market cap
₹32 Cr3,613th largest listed
P/E
7.4
P/B
0.3
Dividend yield
Nonein the last 12 months
ROE
4.5%
ROCE
2.6%
Debt to equity
0.06
Volume, BSE
4,113

Zodiac-JRD-MKJ board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing directorMAHESH RATILAL SHAH
  • Company Secretary and Compliance OfficerNisha Arora

6 directors3 independent1 executive2 non-executive

  • MAHESH RATILAL SHAH · Chairperson and managing directorExecutive · joined Dec 2023 · 1 listed board
  • MUDIT SHARADKUMAR JAINNon-executive · joined Dec 2023 · 1 listed board · 2 committee seats, 2 as chair
  • DHARMESH PRAVIN KHARWARIndependent · joined Dec 2023 · 31 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
  • RUPAL PATELIndependent · joined Dec 2023 · 31 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • MARC CHRISTOPHER WEINMANNNon-executive · joined Jul 2025 · 1 listed board
  • AJAY BENIPRASAD JAJODIAIndependent · joined Oct 2025 · 9 months as independent · 2 listed boards · 2 as independent

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

3 directors who left
  • JITENDRA KANHAIYALAL PUROHIT, left 29 Sep 2025: Others
  • Mr. Jamsheed Minoo Panday, left 4 Aug 2025: Others
  • Preeti Pranav Sanghavi, left 22 Feb 2025: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 30 May 20266 of 6 present3 independent · 104 days in between
    • 14 Feb 20266 of 6 present3 independent

  • Audit Committee

    Chair DHARMESH PRAVIN KHARWAR

    RUPAL PATEL, MUDIT SHARADKUMAR JAIN

    • 30 May 20263 of 3 present2 independent · 104 days in between
    • 14 Feb 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair RUPAL PATEL

    DHARMESH PRAVIN KHARWAR, MUDIT SHARADKUMAR JAIN

    • 30 May 20263 of 3 present2 independent · 104 days in between

  • Stakeholders Relationship Committee

    Chair MUDIT SHARADKUMAR JAIN

    RUPAL PATEL, DHARMESH PRAVIN KHARWAR

    • 14 Feb 20263 of 3 present2 independent

  • Right issue Committee

    Chair MAHESH RATILAL SHAH

    DHARMESH PRAVIN KHARWAR, RUPAL PATEL

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • Girish L ShetiaPeer-review certificate valid to Jan 2027
1 earlier auditor
  • H.G. Sarvaiya & CoNamed in the filing for the quarter to Mar 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Zodiac-JRD-MKJ AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Zodiac-JRD-MKJ dividend history

Annual general meeting, 24 Sep 2026

4,507 shareholders on the register on 17 Sep 2026; present: 8 promoters and 39 others; votes counted by Hardik Darji / HD and Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements for the Year Ended 31st March, 2026 along with notes thereon as on that date and the reports of board of directors and auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 31.83% · promoters 76.30% · institutions 0.00% · other public 11.07%

  2. To appoint a Director in place of Mr. Marc Christopher Weinmann (DIN: 07365743), who retires by rotation and who being eligible, offers himself for reappointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 31.83% · promoters 76.30% · institutions 0.00% · other public 11.07%

  3. To re-appoint the Statutory Auditors of the Company, and to fix their remuneration.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 31.83% · promoters 76.30% · institutions 0.00% · other public 11.07%

  4. Approval to Increase the Authorised Capital and consequential alteration of Capital Clause of Memorandum of Association of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 31.83% · promoters 76.30% · institutions 0.00% · other public 11.07%

  5. Approval for Zodiac JRD MKJ Employees Stock Option Plan 2026 and Grant of Employee Stock Options to the Employees of the Company.
    Special
    99.02% for0.98% against

    Against: promoters 1.29% · institutions 0.00% · other public 0.01%

    Turnout: all 31.83% · promoters 76.30% · institutions 0.00% · other public 11.07%

  6. Approve Grant of Options under the Zodiac JRD MKJ Employees Stock Option Plan 2026 to the Employees of the Subsidiary Company or Companies.
    Special
    99.02% for0.98% against

    Against: promoters 1.29% · institutions 0.00% · other public 0.01%

    Turnout: all 31.83% · promoters 76.30% · institutions 0.00% · other public 11.07%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 25 Sep 2020, 4 resolutions

Present: 12 promoters and 30 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Balance Sheet as at 31st March, 2020 and the Profit & Loss Account for the year ended on that date and the Reports of the Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 65.84% · promoters 80.34% · institutions 0.00% · other public 53.59%

  2. To appoint a Director in place of Mr. Jayantilal A Jhaveri (Din: 00020250) who retires by rotation and, being eligible, offers herself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 65.84% · promoters 80.34% · institutions 0.00% · other public 53.59%

  3. Continuing appointment of Mr. Jayantilal. A. Jhaveri (Din:00020250) as a director chairman of the company after attainting age of 75 years
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 65.84% · promoters 80.34% · institutions 0.00% · other public 53.59%

  4. Continuing appointment of Mr. Rajnikant. A. Jhaveri (Din:00020351) as a director of the company after attainting age of 75 years
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 65.84% · promoters 80.34% · institutions 0.00% · other public 53.59%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 18 Sep 2018, 6 resolutions

Present: 11 promoters and 72 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2018 together with the reports of the Board of
    Ordinary
    98.73% for1.27% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.84%

    Turnout: all 66.70% · promoters 80.34% · institutions 0.00% · other public 55.19%

  2. Declare Dividend on Equity
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 66.70% · promoters 80.34% · institutions 0.00% · other public 55.19%

  3. To appoint a Director in place of Mr. Rajnikant Jhaveri (Din:00020351) who retires by rotation and, being eligible, offers himself for re-appointment.
    Ordinary
    98.73% for1.27% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.84%

    Turnout: all 66.70% · promoters 80.34% · institutions 0.00% · other public 55.19%

  4. Continuing appointment of Mr. Jayantilal. A. Jhaveri (Din: 00020250) as a Director Chairman of the company after attainting age of 70 years.
    SpecialPromoters have an interest in it
    98.73% for1.27% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.84%

    Turnout: all 66.70% · promoters 80.34% · institutions 0.00% · other public 55.19%

  5. Continuing appointment of Mr. Rajnikant. A. Jhaveri (Din: 00020351) as a director of the company after attainting age of 70 years.
    SpecialPromoters have an interest in it
    98.73% for1.27% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.84%

    Turnout: all 66.70% · promoters 80.34% · institutions 0.00% · other public 55.19%

  6. Addendum To The Annual Report 2016 – 2017
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 66.70% · promoters 80.34% · institutions 0.00% · other public 55.19%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Jun 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.

RaisedAmount raisedForSet asideSpentSpent elsewhere
Rights IssuesJun 202523.19Funding the acquisition of VEM Tooling India Private Limited, for the purpose of diversifying our business operations by venturing into the automotive components industry; and General Corporate Purposes.23.1923.19No
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.