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.

Motisons Jewellers has officially announced that its Board of Directors will convene on March 6, 2026, to deliberate on a comprehensive fund raising proposal worth up to ₹350 crore. The meeting has been scheduled in compliance with Regulation 29 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Board Meeting Agenda

The upcoming board meeting will address several critical corporate actions beyond the primary fund raising proposal. The company has outlined a comprehensive agenda that includes strategic financial decisions and regulatory compliance measures.

Fund Raising Structure

The proposed fund raising initiative encompasses multiple financing avenues including public offerings, private placements, and qualified institutional placements. The company plans to execute this in one or more tranches through various issuances, subject to statutory and regulatory approvals including shareholder consent.

Corporate Actions Under Consideration

Beyond the primary fund raising proposal, the board will deliberate on increasing the company's authorized share capital and consequent amendments to the Capital Clause of the Memorandum of Association. Additionally, the board will consider approving a postal ballot notice to seek shareholders' approval for the fund raising matter.

Regulatory Compliance and Next Steps

The company has issued the meeting notice to both BSE Limited and National Stock Exchange of India Limited, maintaining transparency with stock exchanges. The notice has also been uploaded on the company's official website at www.motisonsjewellers.com , ensuring comprehensive disclosure to all stakeholders.