Manoj Jewellers sets August 21 record date for ₹179.7 crore rights issue

1 min read     Updated on 17 Aug 2026, 09:10 PM
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Manoj Jewellers Limited has set August 21, 2026, as the record date for its ₹179.7 crore rights issue. Eligible shareholders receive a 1:1 entitlement to buy shares at ₹20 each. The issue opens on August 31 and closes on September 29, 2026.

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Manoj Jewellers has fixed Friday, August 21, 2026, as the record date for its ongoing rights issue, confirming the eligibility window for existing shareholders to participate in the capital raise. The company notified the BSE Limited on August 17, 2026, pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The rights issue aims to raise up to ₹179.7 crore by issuing 89,85,628 fully paid-up equity shares at ₹20 per share. Shareholders holding equity shares as on the record date will be eligible to receive rights entitlements in a 1:1 ratio. This structure implies that if fully subscribed, the total outstanding equity shares will double from 89,85,628 to 1,79,71,256.

Key Issue Details

The issue price comprises a face value of ₹10 and a premium of ₹10 per share. The entire amount is payable at the time of application. Rights entitlements will be credited to demat accounts prior to the issue opening date, in accordance with SEBI Circular SEBI/HO/CFD/DIL2/CIR/P/2020/13 dated January 22, 2020.

Parameter Details
Issue Size ₹179.7 crore (assuming full subscription)
Shares Offered 89,85,628
Price Per Share ₹20
Face Value ₹10
Premium ₹10
Entitlement Ratio 1:1

Timeline and Schedule

With the record date confirmed for August 21, 2026, the issue will open for subscription on August 31, 2026. The Board of Directors retains the right to extend the issue period, provided it does not remain open for more than 30 days from the opening date. No withdrawal of applications will be permitted after the closing date.

  • Record Date: August 21, 2026
  • Issue Opening Date: August 31, 2026
  • Last Date for On-Market Renunciation: September 24, 2026
  • Last Date for Off-Market Renunciation: September 28, 2026
  • Issue Closing Date: September 29, 2026

Historical Stock Returns for Manoj Jewellers

1 Day5 Days1 Month6 Months1 Year5 Years
-10.00%+35.24%+11.18%-16.19%-24.40%-29.70%

How will the doubling of outstanding equity shares impact Manoj Jewellers' earnings per share (EPS) and market valuation in the short term?

What specific strategic initiatives or expansion plans is Manoj Jewellers funding with the ₹179.7 crore raised from this rights issue?

Will the 1:1 entitlement ratio and ₹20 issue price lead to significant dilution for existing shareholders who choose not to participate?

Manoj Jewellers postpones board meeting for rights issue terms

1 min read     Updated on 06 Jul 2026, 10:21 AM
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Manoj Jewellers Limited has postponed its board meeting scheduled for July 1, 2026, due to pending in-principle approval from the stock exchange. The meeting was intended to finalize terms for a rights issue of equity shares worth up to ₹1,800 lakhs. The company will reschedule the meeting within the next working day after receiving the approval letter.

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Manoj Jewellers Limited has postponed its board meeting originally scheduled for July 1, 2026, to finalize the terms for a proposed rights issue of equity shares worth up to ₹1,800 lakhs. The meeting was deferred because the in-principle approval from the stock exchange is still under process. The company intends to reschedule the meeting within the next working day following the receipt of the necessary approval letter from the exchange.

The board had initially approved the fund-raising initiative on June 24, 2026, to strengthen the company's capital base. The proposed rights issue involves equity shares with a face value of ₹10 each. Key parameters such as the issue price, entitlement ratio, record date, and payment mechanism remain pending determination until the rescheduled meeting takes place.

Regulatory Compliance

The rights issue will be conducted in accordance with the Companies Act, 2013, and the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. The company has informed BSE Limited regarding the postponement under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Agenda Item Details
Original Meeting Date July 1, 2026
Fund Raising Mode Rights Issue of equity shares
Fund Raising Amount Up to ₹1,800 lakhs
Face Value ₹10 each
Reason for Postponement Pending in-principle approval from stock exchange

Historical Stock Returns for Manoj Jewellers

1 Day5 Days1 Month6 Months1 Year5 Years
-10.00%+35.24%+11.18%-16.19%-24.40%-29.70%

What specific factors are causing the delay in the stock exchange's in-principle approval?

How will the company utilize the ₹1,800 lakhs raised to strengthen its capital base?

What impact might this delay have on Manoj Jewellers' short-term liquidity or expansion plans?

More News on Manoj Jewellers

1 Year Returns:-24.40%