Announced Fri, 19 Jun · 17:00 IST
Manoj Jewellers board to consider fund raising and new CFO on June 24
Fund Raising View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
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₹40.59
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AI summary
Manoj Jewellers has informed BSE that its Board of Directors will meet on June 24, 2026 to consider a proposal for raising funds through equity shares or other securities via a rights issue or any other permissible mode, subject to regulatory approvals. The board will also consider the appointment of Mr. Sunil Shantilal as the new Chief Financial Officer. The trading window for insiders is closed from June 19 until 48 hours after the board meeting concludes.
Likely market impact
Issue of new shares may reduce existing shareholders' stake percentage. CFO change signals management reshuffle. Await board outcome on June 24.