Motisons Jewellers Warrants Conversion Drives Equity Raise Through Preferential Allotment

Motisons Jewellers Limited informed stock exchanges about a preferential allotment from warrant conversion. The Board of Directors' Fund-Raising Committee approved the move on February 26, 2026. It cleared 54,00,000 new equity shares of Re. 1 each. These shares were issued at Rs. 17 each, including a Rs. 16 premium.

The shares were allotted after part conversion of existing warrants. Motisons Jewellers Limited had 26,00,000 warrants outstanding earlier. From this, 5,40,000 warrants were converted into equity shares. The warrants were issued to Nexpact Limited on a preferential basis. Nexpact Limited fell under the Non-Promoter Public Category.

Each warrant was priced at Rs. 170 at issuance. Investors paid 25% upfront, which was Rs. 42.50 per warrant. The remaining 75% was Rs. 127.50 per warrant. This balance was due at conversion. Conversion was allowed within 18 months from the allotment date. Nexpact Limited paid Rs. 6.885 crore as the balance amount.

The allotment size reflected a post split adjustment. Motisons Jewellers Limited earlier split shares on November 9, 2024. The split changed one Rs. 10 share into ten Re. 1 shares. After this change, each converted warrant entitled ten equity shares. So, 5,40,000 warrants resulted in 54,00,000 equity shares.

Motisons Jewellers shareholding and outstanding warrants status

After the allotment, issued and paid-up equity capital rose to Rs. 1,00,17,60,000. This comprised 1,00,17,60,000 equity shares of Re. 1 each. The new equity shares ranked pari-passu with existing shares. Nexpact Limited held about 0.99% of post-issue equity capital. Holding rose from 45,00,000 to 99,00,000 shares.

Motisons Jewellers Limited said 82,70,000 warrants still remained outstanding. These holders could convert within the same 18-month window. They must pay the remaining 75% of the issue price. If warrants were not exercised, they would expire. The company would forfeit the amount paid at subscription. One non-promoter public investor participated through the preferential route.

Motisons Jewellers share price on NSE and market snapshot

Motisons Jewellers Ltd. (MOTISONS) closed at Rs 15.60 on NSE on February 27, 2026. The stock ended 2.26% lower than the prior close of Rs 15.96. During the session, it moved between Rs 15.05 and Rs 15.99. Over one year, it traded from Rs 10.62 to Rs 24.02.

Metric	Details
Close (Feb 27, 2026)	Rs 15.60
Previous close	Rs 15.96
Day low / high	Rs 15.05 / Rs 15.99
52-week low / high	Rs 10.62 / Rs 24.02
Market capitalisation	Rs 1,554.32 Cr
Stock split date and ratio	November 9, 2024; 1:10
Face value change	Rs 10 to Rs 1

The conversion added 54,00,000 Re. 1 shares through the preferential warrant route. It also lifted Nexpact Limited’s holding to 99,00,000 shares. Motisons Jewellers Limited said more conversions were possible from 82,70,000 warrants. Share price and market cap reflected trading levels as of February 27, 2026.