Rights issue up to Rs 1,800 Lakhs and new CFO appointed

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Price reactionminutes from the announcement price · days from the prior close

-5.1%Reaction day

₹39.00

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-0.6%-4.5% vs market

Gems, Jewellery And Watches peers, median of 33sector+0.0%-5.1% vs sector

On the reaction day the stock moved 4.5 pts less than Nifty Microcap 250 and 5.1 pts less than its Gems, Jewellery And Watches peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

-5.1-0.6-4.5+0.0-5.1

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-5.1-0.9-4.2-1.6-3.5

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UpDownMarket · Nifty Microcap 250Sector · Gems, Jewellery And Watches peers, median of 33Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Board of Manoj Jewellers approved a rights issue of equity shares (face value Rs 10 each) for up to Rs 1,800 Lakhs to existing eligible shareholders. Also appointed Mr. Sunil Shantilal as CFO effective 24.06.2026. He is already an Executive Director and Promoter of the company, with 14 plus years of experience in accounting, finance and taxation. Issue price, entitlement ratio and record date are yet to be decided and will require further approvals.

Likely market impact

Rights issue may dilute existing shareholdings. CFO appointment brings experienced insider to lead finance function.