Manoj Jewellers Ltd Approves Rights Issue of ₹18 Cr

Manoj Jewellers Limited announced that its Board of Directors, in a meeting held on August 17, 2026, approved the terms for a Rights Issue of equity shares. The issue aims to raise up to ₹18 Crores by offering 89,85,628 fully paid-up equity shares at a price of ₹20 per share. The rights entitlement ratio is 1:1, meaning shareholders will receive one new share for every one share held as of the record date, August 21, 2026. The issue will open on August 31, 2026, and close on September 29, 2026. This move is expected to strengthen the company's capital base.