StockWatch
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Gems, Jewellery And Watches
Management Change24 Jun 2026, 05:30 pm

Manoj Jewellers Appoints Sunil Shantilal as CFO, Plans Rights Issue

AI Summary

Manoj Jewellers Ltd announced the appointment of Mr. Sunil Shantilal as the new Chief Financial Officer (CFO) of the company, effective June 24, 2026. The Board of Directors also approved a rights issue to raise up to ₹1,800 Lakhs by issuing equity shares. The specific terms of the rights issue, including the issue price and record date, will be determined later. Mr. Shantilal brings over 14 years of experience in accounting, finance, and taxation and is also an Executive Director and Promoter of the company.

Key Highlights

  • Sunil Shantilal appointed as Chief Financial Officer (CFO).
  • Company plans to raise up to ₹1,800 Lakhs via rights issue.
  • Rights issue to be offered to eligible equity shareholders.
  • Specific terms of the rights issue to be decided later.