Zodiac-JRD-MKJ Ltd promoter Bluerock sells 50,000 shares (0.45%) in open‑market transaction

What was disclosed

Zodiac‑JRD‑MKJ Ltd (the "Target Company") received a filing on 3 July 2026 from Bluerock Infrastructure Solutions LLP (the "Acquirer"). The filing, made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, informs the stock exchange that Bluerock, which belongs to the promoter group of the Target, has sold a portion of its equity stake in the company.

The transaction involved the sale of 50,000 equity shares carrying voting rights, representing 0.45 % of the Target’s total share capital. The sale was executed on the open market on 30 June 2026. No other instruments – such as warrants, convertible securities, or encumbered shares – were part of the deal.

Details of the share sale

• Acquirer / Person Acting in Concert (PAC): Bluerock Infrastructure Solutions LLP
• Mode of acquisition/sale: Open market
• Date of sale: 30 June 2026
• Number of shares sold: 50,000
• Percentage of total share capital sold: 0.45 %
• Percentage of diluted share capital sold: 0.45 %

The filing confirms that the total equity share capital of Zodiac‑JRD‑MKJ Ltd before and after the transaction remains 1,09,75,625 shares of Rs 10 each. Consequently, the sale does not alter the company’s capital structure, nor does it trigger any dilution of existing shareholders.

Shareholding before and after the transaction

Prior to the sale, Bluerock held 7,08,848 shares, amounting to 6.45 % of the Target’s total and diluted share capital. After disposing of 50,000 shares, its holding stands at 6,58,848 shares, or 6.00 % of both the total and diluted share capital.

Regulatory framework

The filing is made pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. This regulation requires any person or entity that acquires or disposes of shares exceeding a prescribed threshold (generally 1 % of the voting capital) to disclose the transaction to the stock exchange within a stipulated time frame. Although the 0.45 % sale is below the 1 % trigger, the acquirer is a promoter; any change in promoter shareholding, irrespective of size, must be reported under the same regulation. The disclosure ensures transparency for market participants and allows the exchange to monitor any potential shift in control.

Key facts at a glance

Why this matters for investors

The disclosure signals a modest reduction in the promoter’s stake, moving from 6.45 % to 6.00 %. While the change is not large enough to affect control, it does indicate a willingness by the promoter to monetize a small portion of its holding. Because the transaction was carried out on the open market, there is no immediate impact on the company’s capital structure, rights issue, or dilution. Investors can note that the total number of shares outstanding remains unchanged, and no encumbrances or additional securities were created as part of the sale.

For shareholders, the key takeaway is that the promoter’s shareholding remains comfortably above the 5 % threshold that often triggers additional regulatory scrutiny, but below the 10 % level that would require a public offer under the Takeover Code. The filing therefore satisfies the transparency requirements without implying any imminent change in control or strategic direction.

Conclusion

Bluerock Infrastructure Solutions LLP, a promoter of Zodiac‑JRD‑MKJ Ltd, disclosed an open‑market sale of 50,000 shares on 30 June 2026, reducing its stake to 6.00 % of the total share capital. The transaction does not alter the company’s equity capital or dilute existing shareholders. The filing, made under SEBI Regulation 29(2) on 3 July 2026, fulfills the mandatory disclosure obligations for promoter shareholding changes. No further approvals or actions are indicated in the filing.