Motisons Jewellers Limited Latest Updates

$MOTISONS Q1 FY27 Financial Results & Revenue Growth On August 12, 2026, Motisons Jewellers released its unaudited financial results for the first quarter ended June 30, 2026 (Q1 FY27). Total income grew 23.31% year-on-year to ₹107.34 crore (₹10,733.68 lakh), up from ₹87.05 crore in Q1 FY26, driven by sustained retail demand across its regional jewelry showroom network. ₹150 Crore Fundraise via Qualified Institutions Placement (QIP) At its Board meeting held on August 12, 2026, the company approved the issuance and allotment of 13,57,46,600 equity shares (face value ₹1 each) at an issue price of ₹11.05 per share to eligible qualified institutional buyers. The QIP successfully raised ₹150 crore to strengthen working capital, expand showroom presence, and bolster precious metals inventory. Monitoring Statement on Fund Utilization In its regulatory submission to BSE and NSE on August 12, 2026, the company confirmed zero deviation or variation in the utilization of ₹320 crore in funds previously raised through public/preferential capital issuances, in compliance with SEBI LODR regulations. Capital Restructuring & Preference Share Redemption In corporate capital updates, the company concluded its earlier warrant conversion cycle, where 17.30 lakh warrants were converted into equity, while 82.70 lakh unexercised warrants lapsed, leading to a forfeiture of ₹35.15 crore. Additionally, the Board cleared the full redemption of 50,00,000 (50 lakh) 2.5% Non-Convertible Redeemable Preference Shares, optimizing the company's equity capital base.