Motisons Jewellers Ltd

Motisons Jewellers Ltd has announced the redemption of 50,00,000 (Fifty Lakh) 2.50% Non-Convertible Redeemable Preference Shares, each with a face value of Rs. 10/-. The redemption was effective as of June 30, 2026, which was the cut-off date decided by the Board. Following this action, the company's issued and paid-up preference share capital has been reduced. This move impacts the company's capital structure by eliminating a portion of its preference share liability.

Motisons Jewellers Limited announced the allotment of 13,57,46,600 equity shares of face value ₹1 each to eligible Qualified Institutional Buyers (QIBs) at an issue price of ₹11.05 per share. This private placement, which opened on June 9, 2026, and closed on June 11, 2026, aggregated ₹149.99 crore. The allotment was approved by the Board of Directors on June 11, 2026. This issuance increases the company's paid-up equity share capital from ₹100.17 crore to ₹113.75 crore, comprising 1,13,75,06,600 equity shares. The issue price represented a 4.57% discount to the floor price of ₹11.58.

Motisons Jewellers Ltd announced the closure of its Qualified Institutional Placement (QIP) issue on June 11, 2026. The Board of Directors approved the allocation of 13,57,46,600 equity shares to eligible QIBs at a price of ₹11.05 per share. This price represents a discount of 4.57% to the floor price of ₹11.58 per share. The company also adopted the Placement Document and finalized the Confirmation of Allocation Note for the QIBs. The meeting commenced at 5:30 PM IST and concluded at 7:10 PM IST.

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.

Motisons Jewellers Ltd's Board of Directors approved the audited financial results for the quarter and financial year ended March 31, 2026, during a meeting held on May 22, 2026. The results, along with the Statement of Assets & Liabilities, Cash Flow Statement, and the Auditor’s Report with an unmodified opinion, are available on the company's website. The board meeting commenced at 01:00 P.M. and concluded at 05:00 P.M.

Motisons Jewellers Ltd's Board of Directors approved the audited financial results for the quarter and financial year ended March 31, 2026, during a meeting held on May 22, 2026. The results, along with the statement of assets & liabilities, cash flow statement, and the auditor's report with an unmodified opinion, have been attached to the filing. The board meeting commenced at 01:00 P.M. and concluded at 05:00 P.M. The company will host the outcome on its website, accessible at https://motisonsjewellers.com.

Motisons Jewellers Ltd. has scheduled a Board of Directors meeting for Friday, May 22, 2026. The main purpose of the meeting is to consider and approve the Audited Financial Results for the quarter and financial year ended March 31, 2026. This will include the Statement of Assets & Liabilities and Cash Flow Statement for the financial year. The company also reiterated that the trading window for designated persons and their immediate relatives remains closed from April 1, 2026, and will reopen 48 hours after the declaration of these financial results.

Motisons Jewellers Ltd has submitted a Monitoring Agency Report by Crisil Ratings Limited regarding the utilization of proceeds from a Preferential Issue for the quarter ended March 31, 2026. The report confirms that the proceeds were utilized as per the disclosures in the offer document. The issue size monitored was ₹170.00 crore.

Motisons Jewellers Ltd. has entered into a Memorandum of Understanding (MoU) with Moti Developers, a partnership firm, for the development of a new jewellery showroom in Udaipur, Rajasthan. Under the MoU, Moti Developers will undertake the construction and development of the showroom, which will then be leased to Motisons Jewellers upon completion. This initiative is in the ordinary course of business and is expected to support the company's expansion plans. The transaction is identified as a related party transaction, as key promoters of Motisons Jewellers are partners in Moti Developers, but it is stated to be conducted at arm's length.

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.