Board Meeting10 April 2026 at 12:01 pm
Motisons Board to Approve 50 Lakh Preference Share Redemption
AI Summary
Motisons Jewellers Ltd has announced that its Board of Directors will hold a meeting on Wednesday, April 15, 2026. The main purpose of this meeting is to consider and approve the redemption of 50,00,000 unlisted 2.5% Non-Convertible Redeemable Preference Shares. This proposed corporate action is subject to obtaining all necessary regulatory and other applicable approvals. The company has requested stakeholders to take this information on record.
Key Highlights
- Board meeting scheduled for April 15, 2026.
- Agenda includes redemption of 50 lakh preference shares.
- Shares are 2.5% Non-Convertible Redeemable Preference Shares.
- Redemption is contingent on obtaining relevant approvals.