Postal Ballot Results: Fund Raising & Share Capital Increase Approved

Board & Shareholder Meetings View source PDF

MOTISONS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-2.6%1-day move

₹14.11

prior close

₹14.05

base price

After-mkt

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+0.4+0.2+0.3+0.1-2.6-3.6-3.7-0.5-4.3-5.8-16.0-19.1-1.2—

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AI summary

Motisons Jewellers announced postal ballot results. Both resolutions passed with 99.9991% approval: (1) Special resolution to raise funds via equity shares/other eligible securities in one or more tranches, and (2) Ordinary resolution to increase authorised share capital and amend the capital clause of the MOA. 649,785,096 shares voted in favour vs 5,685 against. E-voting ran from March 27 to April 25, 2026.

Likely market impact

Fund-raising plan and higher share capital ceiling cleared, paving the way for potential equity dilution in future fundraising rounds.