
Investment6 Mar 2026, 07:12 pm
Motisons Jewellers Ltd. Announces Fund Raising and Capital Increase of up to Rs. 350 Crore
AI Summary
Motisons Jewellers Ltd. held a Board Meeting on March 06, 2026, and approved various items including raising of funds up to an aggregate sum of Rs. 350 Crore (Rupees Three Hundred and Fifty Crore only) or an equivalent amount thereof (inclusive of premium as may be fixed on such Securities) in one or more tranches and/or by way of one or more issuances as may be permitted. The company also proposed to increase the authorized share capital from existing Rs. 125,00,00,000/- to Rs.132,00,00,000. Additionally, the company appointed M/s. Aryaman Financial Services Limited as Book Running Lead Manager to the Qualified Institutions Placement Issue and Mr. Akshit Kumar Jangid as scrutinizer for the Postal Ballot and e-voting process.
Key Highlights
- Motisons Jewellers Ltd. to raise funds up to Rs. 350 Crore
- Company to increase authorized share capital from existing Rs. 125,00,00,000/- to Rs.132,00,00,000
- Appointment of M/s. Aryaman Financial Services Limited as Book Running Lead Manager
- Appointment of Mr. Akshit Kumar Jangid as scrutinizer for the Postal Ballot and e-voting process