Motisons Jewellers Approves ₹11.58 Floor Price for QIP

Motisons Jewellers Ltd announced the outcome of its Board of Directors meeting held on June 9, 2026. The board approved the opening of an Issue on the same day, setting a floor price of ₹11.58 per Equity Share for a Qualified Institutions Placement (QIP) in accordance with SEBI ICDR Regulations. A preliminary placement document was also approved for qualified institutional buyers. The 'Relevant Date' for the issue was fixed as June 9, 2026. The company may offer a discount of up to 5% on the floor price. The trading window for designated persons has been closed from June 9, 2026, until 48 hours after the determination of the issue price.