Jewellery Stock Plans Rs 350 Cr Fundraise; Share Price Falls Over 40% From 52W-High

Following the results of its board meeting on March 6, 2026, Motisons Jewellers Limited made a number of significant decisions. The company's aim to raise up to Rs 350 crore was one of the board meeting's main announcements. Equity shares or other securities that can be converted into equity may be issued as part of the fundraising process. The company's application states that the funds may be raised in one or more tranches via a variety of procedures, including a Qualified Institutions Placement (QIP), rights issue, public issue, preferential allotment, or private placement.

Additionally, an increase in the company's authorized share capital has been approved by the board. The authorized capital would increase to Rs 132 crore from Rs 125 crore. The preference share capital will stay at Rs 10 crore, while the equity share capital would rise from Rs 115 crore to Rs 122 crore. Aryaman Financial Services Limited has also been appointed by the board as the Book Running Lead Manager for the scheduled Qualified Institutions Placement issue.

The Board of Directors' Fund-Raising Committee recently approved the conversion of warrants into equity shares under a preferential allotment plan on February 26. The committee considered and approved the allocation of 54,00,000 equity shares having a face value of Re. 1 each at an issue price of Rs. 17 per share, including a premium of Rs. 16 per share. In reaction to the partial conversion of 5,40,000 of the 26,00,000 existing warrants that the company had previously issued, this allotment was made.

These warrants, which fall under the Non-Promoter Public Category, were initially issued to Nexpact Limited on a preferential basis at a cost of Rs. 170 per warrant. Investors paid 25% of the warrant issue price, or Rs. 42.50 per warrant, at the time of allotment. The remaining 75%, or Rs. 127.50 per warrant, was due when the warrants were converted into equity shares, which must happen within 18 months of the allotment date.

Motisons Jewellers Ltd. (MOTISONS) shares ended the recent trading session on March 6, 2026, at Rs 14.48 on the NSE. With intraday prices ranging from a low of Rs 14.30 to a high of Rs 14.80, the stock saw a drop of around 1.43% from its prior close of Rs 14.69. The stock has had considerable short-term volatility; in the past month, it has down by almost 7%, and in the past year, it has plummeted by -18.70%.

The stock has moved between a 52-week high of Rs 24.02 and a 52-week low of Rs 10.62 over the last year. The market capitalization of Motisons Jewellers is now around Rs 1,433 Cr. Founded in 1997, Motisons Jewellers is a well-known luxury jewelry store in Jaipur that specializes in gold and diamonds.