Zodiac JRD-MKJ Limited has approved the grant of 1,42,066 employee stock options under the Zodiac JRD MKJ Employee Stock Option Plan 2026. The options are to be vested over a period of 3 years and can be exercised anytime after vesting but before the completion of 5 years from the grant date. This decision was made during a board meeting held on November 3, 2026, following the approval of un-audited financial results for the second quarter and half year ended September 30, 2026.
Employee Stock Option Grant Approved
Zodiac JRD-MKJ Limited announced today the approval of a significant employee stock option grant. The company’s Board of Directors, at a meeting held on November 3, 2026, sanctioned the issuance of 1,42,066 employee stock options to eligible employees under the Zodiac JRD MKJ Employee Stock Option Plan 2026.
Option Details and Vesting Schedule
These stock options, totaling 1,42,066 equity shares, will be vested in a graded manner over a period of 3 years. Employees will be able to exercise their options anytime after the vesting period but must do so before the completion of 5 years from the date the options were granted. The face value of each share is ₹10.
Financial Results Review
The board meeting also included the approval of the company’s un-audited financial results for the second quarter and half year ended September 30, 2026, along with the limited review report from the statutory auditor. The financial statements show a profit before tax of ₹66.20 lakhs for the quarter ended September 30, 2026, and a total comprehensive income of ₹66.20 lakhs for the same period. For the half year ended September 30, 2026, the profit before tax was ₹107.24 lakhs, and the total comprehensive income was also ₹107.24 lakhs.
Consolidated Financials
The consolidated financial results, which include those of its subsidiary VEM Plastic Moulding Private Limited, reported a total revenue of ₹1032.86 lakhs for the quarter ended September 30, 2026, and a net profit after tax of ₹94.02 lakhs attributable to the owners of the equity. For the half year ended September 30, 2026, consolidated revenue stood at ₹2327.79 lakhs, with a net profit after tax of ₹177.22 lakhs attributable to equity owners.
Source: BSE
