Announced Wed, 24 Jun · 17:28 IST
Rights issue up to Rs 1,800 Lakhs and new CFO appointed
Management Changes View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
-5.1%1-day move
₹39.00
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-5.1-9.1-8.8-6.4-12.2-14.1-19.2-16.1——
Up moveDown movePending
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.