Motisons Jewellers Limited has successfully completed the dispatch of its postal ballot notice on March 27, 2026, and published newspaper advertisements confirming the commencement of the remote e-voting process for significant capital raising and corporate restructuring initiatives. The company has scheduled the voting period from March 27, 2026 to April 25, 2026, with comprehensive proposals aimed at strengthening its financial position.

Postal Ballot Notice Dispatch Confirmation

The company has formally notified BSE Limited and National Stock Exchange of India Limited about the completion of postal ballot notice dispatch through a regulatory filing dated March 27, 2026. The notice has been sent electronically to shareholders whose email addresses are registered with the company or depositories, in compliance with SEBI regulations.

Newspaper Advertisement Publication

Motisons Jewellers published newspaper advertisements in Financial Express (English Edition) and Business Remedies (Hindi Edition) on March 27, 2026, informing stakeholders about the postal ballot process and e-voting information as required under Regulations 30 and 47 of SEBI LODR.

Key Resolutions for Shareholder Approval

The postal ballot encompasses two major resolutions that require shareholder consent through remote electronic voting.

Fundraising Initiative

The primary resolution seeks approval for raising funds up to Rs 350 crore through various financial instruments. The company proposes to issue securities including:

• Equity shares and equity shares through depository receipts
• Fully/partly convertible debentures
• Global depository receipts and American depository receipts
• Foreign currency convertible bonds
• Non-convertible debentures and warrants

The fundraising can be executed through multiple modes including public issue, rights issue, preferential allotment, private placement, or qualified institutional placements (QIP), providing the board with flexibility to choose the most suitable option based on market conditions.

Authorized Share Capital Enhancement

The second resolution proposes increasing the company's authorized share capital structure as detailed below:

E-Voting Process and Timeline

The company has established a comprehensive framework for the postal ballot process with specific timelines and procedures.

Important Dates and Details

MUFG Intime India Private Limited has been engaged as the Registrar and Share Transfer Agent to facilitate the remote e-voting process. The company will send the postal ballot notice only through electronic mode to shareholders whose email addresses are registered with the company or depositories.

Governance and Oversight

The board has appointed Mr. Akshit Kumar Jangid, Practicing Company Secretary (FCS 11285, CP No. 16300), partner of M/s Pinchaa & Co., Jaipur, as the scrutinizer to conduct the postal ballot process in a fair and transparent manner. The scrutinizer will submit his report to the Chairman, and results will be made available on the company's website and communicated to stock exchanges.

Fund Utilization Strategy

The company intends to utilize the proceeds from the proposed fundraising for:

• Funding working capital requirements
• General corporate purposes as permissible under applicable law

For qualified institutional placements exceeding Rs 100 crore, a SEBI-registered credit rating agency will monitor the use of proceeds and submit quarterly reports until 100% utilization is achieved.

Regulatory Compliance

The postal ballot notice has been issued in compliance with Section 110 read with Section 108 of the Companies Act, 2013, and various SEBI regulations. The resolutions, if passed with requisite majority, will be deemed effective from April 25, 2026, the last date specified for remote e-voting. The company has ensured full regulatory compliance and will make necessary disclosures to BSE Limited and National Stock Exchange of India Limited where its shares are listed.

Motisons Jewellers Limited's board of directors convened on March 06, 2026, to approve significant fund raising and capital restructuring initiatives. The meeting, held from 5:30 PM to 7:00 PM, resulted in several key decisions aimed at strengthening the company's financial position and expanding its capital base.

Fund Raising Initiative

The board approved raising funds through the issuance of equity shares and other securities convertible into equity shares for an aggregate amount not exceeding Rs. 350 crore. This fund raising will be executed through various permissible modes as decided by the company's management.

Authorized Share Capital Enhancement

The board approved a significant increase in the company's authorized share capital structure. The existing authorized share capital of Rs. 125 crore will be expanded to Rs. 132 crore, representing a strategic move to accommodate future growth plans.

Key Appointments and Procedural Decisions

The board made several important appointments to facilitate the fund raising process:

Regulatory Compliance and Next Steps

The fund raising initiative will be conducted in compliance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and other applicable laws. The company has provided detailed disclosures under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifying that the securities will be equity shares issued through various permissible modes.

All proposed actions remain subject to obtaining necessary regulatory approvals, statutory clearances, and shareholder approval through the postal ballot process. The company will proceed with the implementation of these initiatives upon receiving the required approvals and meeting all compliance requirements.