StockWatch
·
Gems, Jewellery And Watches
Corporate Action4 Nov 2026, 11:46 am

AJC Jewel Manufacturers Approves Preferential Issue of 5.67 Lakh Shares

AI Summary

AJC Jewel Manufacturers Ltd has announced a preferential issue of up to 5,67,491 equity shares at an issue price of INR 169.85 per share. This follows a shareholders' resolution on September 29, 2026, which approved the preferential issue of up to 5,67,492 equity shares. The company will proceed with the allotment of shares, subject to in-principle approval from the stock exchange. All other terms and conditions of the preferential issue remain unchanged.

Key Highlights

  • Preferential issue of up to 5,67,491 equity shares approved.
  • Issue price set at INR 169.85 per share.
  • Shareholders previously approved a similar issue size.
  • Allotment is subject to stock exchange approval.
  • Other terms and conditions remain consistent.