Motisons Board Approves Redemption of 50 Lakh Preference Shares

Motisons Jewellers Ltd's board of directors, in a meeting held on April 16, 2026, approved the redemption of 50,00,000 unlisted 2.5% Non-Convertible Redeemable Preference Shares. Each share has a face value of Rs. 10/- and was held by Gajraj Tradecom Private Limited. The redemption will be financed using the company's profits. Following this redemption, the company's issued and paid-up preference share capital will decrease to 50,00,000 2.5% Non-Convertible Redeemable Preference Shares of Rs. 10/- each.