Pursuant to the Regulation 32(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please note that there is no deviation/ variation in the utilization of ....
MOTISONS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Motisons Jewellers has filed a compliance statement confirming no deviation in the utilization of Rs. 170 crores raised via Preferential Issue in October 2024. As of Q4 FY26 (31 March 2026), the company has utilized Rs. 64.56 crores (38%) of the raised funds. Of the four stated objects, Rs. 33.89 crores has been used for repaying unsecured loans, Rs. 30.56 crores for working capital, Rs. 0.11 crores for issue expenses, and Rs. 0 remains for general corporate purposes. The monitoring agency is CRISIL Ratings Limited.
The filing confirms proper governance and adherence to the stated use of proceeds. Funds are being deployed as planned without any deviation, which is a positive signal for shareholders regarding management execution.