Zodiac-JRD-MKJ board outcome: Q2 FY27 results, ESOP grant approved
The board approved unaudited Q2 and half-year FY27 results and granted 1,42,066 employee stock options at Rs 10 exercise price; no buyback, bonus or dividend terms or record date are mentioned.
Key takeaways
- 1,42,066 stock options granted under Zodiac JRD MKJ Employee Stock Option Plan 2026
- Rs 10 (Face Value) is the exercise price for the 1,42,066 employee stock options
- Options vest in a graded manner over a period of 3 years and are exercisable within 5 years
- Board approved unaudited Q2 and half-year results for period ended 30th September, 2026
- The 03rd November, 2026 filing does not mention any buyback, bonus issue or dividend record date
Key terms
- Action
- Other
- Terms
- 1,42,066 stock options at Rs 10 (Face Value)
- Board meeting held on Tuesday, 03rd November, 2026
- Board meeting concluded at 05:50 P.M.
Zodiac-JRD-MKJ Ltd’s latest outcome of board meeting filing dated 03rd November, 2026 does not announce a buyback, bonus issue or dividend, and it does not specify any record date or ex-date for such actions.
Instead, the filing focuses on the approval of the company’s unaudited financial results and an employee stock option grant.
According to the board's outcome letter dated 03rd November, 2026 (pages 1–2), the Board of Directors, at its meeting held on Tuesday, 03rd November, 2026, considered and approved:
- Unaudited standalone and consolidated financial results for the second quarter and half year ended 30th September, 2026, along with the limited review reports from the statutory auditor.
- Grant of employee stock options under the "Zodiac JRD MKJ Employee Stock Option Plan 2026" to eligible employees.
Key terms (from the ESOP disclosure table in the board outcome letter)
- Number of options granted:
1,42,066stock options - Total number of shares covered by these options:
1,42,066 equity shares - Pricing formula / Exercise price:
Rs 10 (Face Value) - Vesting schedule: "Options shall vest in a graded manner over a period of 3 years"
- Exercise period: "Any time after vesting but before completion of 5 years from the date of grant of Options"
- Regulatory framework: The company states the scheme is in terms of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
The company also notes that the Nomination and Remuneration Committee and the Board of Directors approved the grant of options on November 3, 2026, under the "Zodiac JRD MKJ Employee Stock Option Plan 2026", and that the disclosure is being made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the SEBI Master Circular referenced in the letter.
The board outcome letter further records that the meeting of the Board commenced at 03:00 P.M. and concluded at 05:50 P.M.
No buyback, bonus, or dividend details in this filing
For investors specifically searching for “Zodiac-JRD-MKJ buyback”, “Zodiac-JRD-MKJ bonus issue” or “Zodiac-JRD-MKJ dividend record date”:
- This 03rd November, 2026 outcome of board meeting filing does not mention any buyback of shares.
- It does not announce any bonus issue or specify any bonus ratio.
- It does not declare any dividend, interim or final, and does not state any record date or ex-date for dividend or for any other corporate action affecting share capital.
The rest of the attached document consists of the unaudited standalone and consolidated financial results for the quarter and half year ended 30-Sep-26, along with the auditor’s limited review reports and supporting statements of assets, liabilities and cash flows. These financial statements, as presented in the various "Statement of Un-audited Standalone Financial Results" and "Statement of Un-audited Consolidated Financial Results" tables, provide performance and balance sheet data but do not introduce any buyback, bonus, or dividend terms or related record dates.
Investors looking for such corporate actions will need to watch for a separate filing, if and when the company announces a buyback, bonus issue or dividend along with the relevant record date.
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