Regulatory12 Aug 2026, 05:04 pm
Motisons Jewellers: Monitoring Agency Report for Preferential Issue Proceeds
AI Summary
Motisons Jewellers Ltd has submitted a Monitoring Agency Report for the quarter ended June 30, 2026, concerning the utilization of proceeds from its Preferential Issue. The report, issued by CRISIL Ratings Limited, confirms that the utilization of funds is in line with the disclosures made in the Offer Document. The company has also stated that the disclosure will be hosted on its website. The Preferential Issue, which raised Rs 170.00 crore, involved the issuance of Fully Convertible Warrants. The report indicates no deviation from the stated objects of the issue.
Key Highlights
- Monitoring Agency Report submitted for Q2 FY26 proceeds utilization.
- CRISIL Ratings confirms utilization aligns with Offer Document disclosures.
- No deviation reported from the objects of the Preferential Issue.
- Preferential Issue raised ₹170.00 crore via Fully Convertible Warrants.
- Report covers utilization for the quarter ending June 30, 2026.
Price Impact
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