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Motisons Jewellers confirms no deviation in utilization of Rs 320 crore in funds
12-Aug-2026, 05:41
Motisons Jewellers Limited informed the BSE Limited and National Stock Exchange of India Limited that there was no deviation or variation in the utilization of proceeds from its preferential issue and qualified institutions placements, following a fund raise of Rs 170 crore on October 5, 2024, and a subsequent fund raise of Rs 150 crore on June 11, 2026. The company engaged CRISIL Ratings Limited as the monitoring agency for both fund raisings.
Motisons Jewellers Limited informed the BSE Limited and National Stock Exchange of India Limited that there was no deviation or variation in the utilization of proceeds from its preferential issue and qualified institutions placements, following a fund raise of Rs 170 crore on October 5, 2024, and a subsequent fund raise of Rs 150 crore on June 11, 2026. The company engaged CRISIL Ratings Limited as the monitoring agency for both fund raisings.