Motisons Jewellers Limited has rescheduled its board meeting from March 27, 2026 to April 2, 2026, citing certain exigencies as the reason for the change. The company has formally notified both stock exchanges about this rescheduling as per regulatory compliance requirements under SEBI Listing Regulations.

Rescheduled Board Meeting Details

The board meeting, originally scheduled for March 27, 2026, has been moved to April 2, 2026. The company issued the rescheduling notification on March 27, 2026, maintaining compliance with Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015.

Preference Share Redemption Agenda

The primary agenda item for the rescheduled board meeting remains unchanged and involves the consideration and approval of redeeming preference shares. The company will deliberate on the redemption of 50,00,000 2.5% Non-Convertible Redeemable Preference Shares, which are currently unlisted securities.

Regulatory Compliance and Communication

The company has fulfilled its disclosure obligations by informing both BSE Limited and National Stock Exchange of India Limited about the rescheduled board meeting. The formal intimation was signed by Bhavesh Surolia, Company Secretary & Compliance Officer, ensuring proper corporate governance protocols were followed.

The redemption proposal remains subject to relevant approvals as required and other considerations as may be applicable, indicating that the board will evaluate all necessary regulatory and financial aspects before making a final decision during the rescheduled meeting.

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.