Motisons Jewellers Ltd

Key Update

• No deviation or variation in utilisation of funds raised through preferential issue and QIP.
• Funds raised: Rs 170 Crores via Preferential Issue and QIP.
• Date of raising funds: 05.10.2024; Quarter ended: 30-06-2026; Monitoring agency: CRISIL.

05-10-2024 fund raise (170 Cr)

• Mode of fund raising: Preferential Issue and QIP.
• Date of raising funds: 05 October 2024.
• Amount raised: 170 Crores.
• Report filed for quarter ended: 30-06-2026.
• Monitoring agency: CRISIL Ratings Limited.
• Deviation in use of funds raised: No.
• Audit committee comments: No Comments.
• Auditors comments: No Comments.

11-06-2026 fund raise (150 Cr)

• Mode of fund raising: Public Issues / Rights Issues / Preferential Issues / QIP / Others.
• Date of raising funds: 11 June 2026.
• Amount raised: 150 Crores.
• Report filed for quarter ended: 30-06-2026.
• Monitoring agency: CRISIL Ratings Limited.
• Deviation in use of funds raised: No.
• Audit committee comments: No Comments.
• Auditors comments: No Comments.

Issue overview

• PI: preferential issue with fully convertible warrants.
• PI: net proceeds revised downward due to non-exercise.
• PI: objectives: debt repayment, working capital; GCP reduced to none.
• QIP: qualified institutional placement with equity shares.
• QIP: net proceeds revised downward due to higher costs.
• QIP: objective: working capital; GCP revised.

Utilisation of proceeds

• Utilisation aligned with disclosures for both instruments.
• PI: revised proceeds fully utilised; monitoring account holds interest only.
• PI: major objects utilised as disclosed; GCP allocation eliminated.
• QIP: utilisation as disclosed; no material deviations.
• QIP: GCP allocation revised; portions not utilised.
• Idle funds: some amounts parked in fixed deposits; proceeds intact.

Governance and compliance

• Approvals: statutory/shareholder approvals NA where applicable.
• Material event: forfeiture of warrant subscription reduces proceeds; viability impacted.
• No other major information affecting investor decisions.

GCP details

• PI: GCP allocation revised to none; board approval obtained.
• QIP: GCP allocation revised; board approval obtained for allocation.

Issue overview

• PI: Preferential Issue with Fully Convertible Warrants.
• QIP: Qualified Institutional Placement with Equity Shares.
• Proceeds revised downward due to warrant non-exercise.
• Main objectives: issue-related expenses, loan repayment, working capital, General Corporate Purposes.

Utilisation of proceeds

• PI: Proceeds aligned with disclosures; reduced due to warrant forfeiture.
• PI: Allocation adjusted; GCP reduced to zero.
• QIP: Proceeds used as disclosed; no material deviation.
• Unutilised: funds in monitoring account; QIP money invested in fixed deposits.

Governance and compliance

• Board approved revision of PI proceeds; management and statutory auditors certificates referenced.
• Warrant forfeiture noted as a material event affecting viability.
• QIP: No material deviations or pending approvals observed.
• No other material corporate developments affecting investor decision-making.

GCP

• PI GCP: allocation reduced to zero; board approval obtained.
• QIP GCP: revised to 9.37 crore; board approval obtained.

Q1 FY2027 unaudited standalone results

• Revenue from operations: ₹10,732.57 Lakhs.
• Other income: ₹111.00 Lakhs.
• Total income: ₹10,733.68 Lakhs.
• Total expenses: ₹9,250.31 Lakhs.
• Profit before tax and exceptional items: ₹1,483.37 Lakhs.
• Tax expense: ₹378.55 Lakhs.
• Net profit after tax: ₹1,104.82 Lakhs.
• Basic EPS: ₹0.11; diluted EPS: ₹0.11.
• QIP completed: 13,57,46,600 shares at ₹11.05 per share.
• QIP aggregate value: ₹150.0 Crore; net issue expense: ₹13,936.80 Lakhs.
• Utilisation: ₹12,936.80 Lakhs; unutilised: ₹1,000.00 Lakhs.
• Quarterly results unaudited; board approved on 12 Aug 2026.

Financial results

• Board approved unaudited standalone results for quarter ended 30 June 2026.
• Statement comprises limited review report by auditors attached.

Capital raise and proceeds

• QIP completed; allotment of 13,57,46,600 shares to QIBs at ₹11.05 per share.
• Aggregate deal size ₹149.99 crore; net proceeds ₹139.37 crore after expenses.

Utilisation of QIP proceeds

• Net proceeds utilized: working capital ₹130.00 crore and general corporate ₹9.37 crore.
• Unutilised amount ₹10.00 crore.

Regulatory and auditor notes

• Results prepared under SEBI LODR Reg 33; reviewed by Audit Committee.
• Auditors' limited review found no material misstatement.

Meeting Details

• Board meeting on 12 August 2026; time and venue not disclosed.

Key Agenda Items

• Consider and approve unaudited financial results for the quarter ended 30 June 2026.

Other Notes

• Trading window closed from 1 July 2026 until 48 hours after results declaration.