Motisons Jewellers Limited has successfully completed its long-awaited board meeting on April 16, 2026, approving the redemption of preference shares that had been delayed due to multiple scheduling challenges. The board approved the redemption of 50,00,000 2.5% Non-Convertible Redeemable Preference Shares valued at Rs. 5.00 crore.

Board Meeting Completion After Multiple Delays

The jewellery retailer finally conducted its board meeting on April 16, 2026, after experiencing several scheduling setbacks. The company had originally planned a meeting on April 02, 2026, which was adjourned, followed by a cancelled meeting on April 09, 2026, due to insufficient quorum.

Preference Share Redemption Details

The board approved the redemption of unlisted preference shares held by Gajraj Tradecom Private Limited from the company's profits. This redemption will impact the company's capital structure by reducing its preference share capital.

Post-Redemption Capital Structure

Following the redemption, the company's preference share capital structure will be adjusted. The issued and paid-up preference share capital will reduce to 50,00,000 2.5% Non-Convertible Redeemable Preference Shares of face value Rs. 10.00 each.

Regulatory Compliance and Communication

The company maintained proper regulatory compliance throughout the process, with Company Secretary Bhavesh Surolia ensuring adherence to SEBI Listing Regulations. The notification was promptly communicated to both stock exchanges on April 16, 2026.

Motisons jewellers Limited has submitted its quarterly compliance certificate under SEBI (Depositories and Participants) Regulations, 2018 to stock exchanges BSE and NSE. The certificate pertains to the quarter ended March 31, 2026 and confirms adherence to regulatory requirements for securities dematerialisation processes.

Regulatory Compliance Filing

The company filed the mandatory certificate under Regulation 74(5) of SEBI Depositories Regulations on April 13, 2026. Company Secretary and Compliance Officer Bhavesh Surolia (Membership No. A64329) digitally signed and submitted the document to both exchanges.

Certificate Confirmation

MUFG Intime India Private Limited (formerly Link Intime India Private Limited), serving as the company's Registrar and Share Transfer Agent, issued the confirmation certificate dated April 2, 2026. The certificate was signed by Ashok Shetty, Sr. Vice President – Corporate Registry.

The RTA confirmed that securities received from depository participants for dematerialisation during Q4FY26 were properly processed within prescribed timelines. All security certificates received for dematerialisation were confirmed or rejected appropriately, with physical certificates being mutilated and cancelled after due verification.

Compliance Confirmation

The certificate validates that:

• Securities dematerialisation requests were confirmed to depositories within regulatory timelines
• All securities are listed on stock exchanges where earlier issued securities are traded
• Security certificates were properly mutilated and cancelled after verification
• Depository names were substituted in the register of members as registered owners

Company Information

Motisons Jewellers Limited operates from multiple locations in Jaipur, Rajasthan, with registered offices at Johari Bazar and Lalkothi areas. The company maintains its corporate identification number as L36911RJ2011PLC035122 and conducts business in the jewellery sector.

This quarterly filing represents standard regulatory compliance for listed companies, ensuring transparency in securities handling and depository operations as mandated by SEBI regulations.