Motisons Jewellers will hold a board meeting on September 17, 2026, to consider the redemption of its non-convertible redeemable preference shares. The company aims to restructure its capital base through this corporate action.

The agenda includes the approval of 50,00,000 units of 2.5% Non-Convertible Redeemable Preference Shares (NCRPS). These shares are currently unlisted. The redemption is subject to relevant regulatory approvals and other applicable considerations.

Corporate Action Details

The board meeting was convened pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company notified the BSE and NSE on September 12, 2026.

Bhavesh Surolia, Company Secretary and Compliance Officer, signed the intimation letter. No financial results or operational updates were disclosed in the filing.

Motisons Jewellers has scheduled its 15th Annual General Meeting (AGM) for September 28, 2026. The meeting will approve the appointment of M/s. N.K. Aswani & Co. as statutory auditor for five years and re-appoint three independent directors.

The Board of Directors approved these resolutions in its meeting on September 1, 2026. The company issued an intimation under Regulation 30 of SEBI Listing Regulations on September 4, 2026, confirming that the Notice of AGM and Annual Report for FY26 are available electronically.

Auditor Appointment

N.K. Aswani & Co., Chartered Accountants, will serve as statutory auditor from FY27 until the conclusion of the 20th AGM. This follows the expiry of the tenure of the previous auditor, M/s. Keyur Shah & Co., at the ensuing AGM. The new firm is a peer-reviewed proprietorship.

Director Re-appointments

The Board re-appointed three Non-Executive Independent Directors for second terms. These appointments require approval via Special Resolution at the upcoming AGM.

Sushil Kumar Gangwal brings nearly 38 years of finance experience, having retired from Rajasthan Finance Corporation. Sunil Chordia offers expertise in strategic planning and restructuring operations. Vikas Kaler is a law graduate with behavioral skills relevant to corporate governance.

AGM Logistics and Voting

The AGM will be held via Video Conferencing or Other Audio Visual Means. The Register of Members and Share Transfer Books will remain closed from September 22, 2026, to September 28, 2026.

Key dates for shareholder participation are as follows:

Members who have not registered email addresses can access the Notice and Annual Report via the company website at motisonsjewellers.com under the path: Inventors > Annual Report > Annual Report 2025-26.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE0FRK01020/71de6af1-3cdc-4479-aa0f-34a8e319e3ff.pdf