StockWatch
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Gems, Jewellery And Watches
Rights Issue20 Aug 2026, 06:20 pm

Manoj Jewellers Ltd Approves Right Issue Materials

AI Summary

Manoj Jewellers Ltd announced that its Board of Directors has approved and adopted the Letter of Offer and other issue materials for a proposed rights issue. The board also approved the Director's Report for the financial year ended March 31, 2026, and discussed remuneration exceeding managerial limits. Additionally, the re-appointment of Ms. Raj Kumari as Whole-Time Director and Mr. Manoj Kumar as Managing Director were approved, subject to shareholder consent. The 19th Annual General Meeting is scheduled for September 12, 2026.

Key Highlights

  • Board approved Letter of Offer for proposed rights issue.
  • Director's Report for FY26 adopted.
  • Re-appointments of Whole-Time Director and Managing Director approved.
  • AGM scheduled for September 12, 2026.
  • Remuneration exceeding limits discussed, subject to shareholder approval.