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Zodiac-JRD-MKJ proposed a rights issue of up to ₹40 crore, with issue price, entitlement ratio and schedule yet to be finalized. Proceeds would fund ₹24.5 crore acquisition of 51.82% of Aerocom Automotives, ₹4 crore investment in VEM Plastic Molding and ₹5 crore working capital; FY26 audit qualifications remain.