Motisons Jewellers Ltd

Resolutions and outcomes

• Purpose: Postal ballot consolidates AGM voting outcomes on ordinary and special resolutions including financials, director reappointments, and auditors.
• Resolution 1 (Ordinary): Adopt Financial Statements for year ended 31 March 2026; 653,356,770 in favour; 293 against; passed.
• Resolution 2 (Ordinary): Re-appoint Laksh Chhabra (DIN: 09695269); 653,354,591 in favour; 2,472 against; passed.
• Resolution 3 (Ordinary): Re-appoint Namita Chhabra (DIN: 00205859); 653,354,591 in favour; 2,472 against; passed.
• Resolution 4 (Ordinary): Appoint M/s N.K. Aswani & Co. as Statutory Auditors; remuneration fixed; passed.
• Resolution 5 (Special): Reappoint Sushil Kumar Gangwal (DIN: 09573928) as Non-Executive Independent Director; passed.
• Resolution 6 (Special): Reappoint Sunil Chordia (DIN: 02994743) as Non-Executive Independent Director; passed.
• Resolution 7 (Special): Reappoint Vikas Kalera (DIN: 737095) as Non-Executive Independent Director; passed.
• Record date 21-09-2026; 192,745 shareholders on record; 4 promoters attended; 47 public attended via VC; 7 resolutions passed.
• Impact: No share capital changes; governance appointments approved; record date set.

AGM Details

• AGM held on 28 September 2026 at 03:30 PM IST.
• Mode: Video Conferencing / Other Audio Visual Means.
• Record date: 21 September 2026.
• Meeting concluded at 04:23 PM IST.

Resolutions Put to Vote

• Resolution 1: Ordinary – adopt Audited Financial Statements for year ended 31 March 2026.
• Resolution 2: Ordinary – reappoint Laksh Chhabra by rotation.
• Resolution 3: Ordinary – reappoint Namita Chhabra by rotation.
• Resolution 4: Ordinary – appoint N.K. Aswani & Co. as Statutory Auditors; remuneration to be fixed.
• Resolution 5: Special – reappoint Sushil Kumar Gangwal as Non-Executive Independent Director.
• Resolution 6: Special – reappoint Sunil Chordia as Non-Executive Independent Director.
• Resolution 7: Special – reappoint Vikas Kaler as Non-Executive Independent Director.

Voting Results

• Resolution 1: Passed; 293 opposed.
• Resolution 2: Passed; 2,472 opposed.
• Resolution 3: Passed; 2,472 opposed.
• Resolution 4: Passed; 316 opposed.
• Resolution 5: Passed; 2,471 opposed.
• Resolution 6: Passed; 2,471 opposed.
• Resolution 7: Passed; 2,471 opposed.

Dividend

• Dividend proposed/approved: none.

Director Changes

• Reappointments by rotation: Laksh Chhabra and Namita Chhabra.
• Independent Directors reappointed: Sushil Gangwal, Sunil Chordia, Vikas Kaler.

Auditor Appointments

• Statutory Auditor appointed: N.K. Aswani & Co.; remuneration to be fixed.

Material Related Party Transactions

• No material related party transactions disclosed.

Other Material Approvals

• No ESOP, borrowings, or mergers disclosed.

Motisons Jewellers Limited: Trading window will be closed from Thursday, October 01, 2026 till 48 hours after the declaration of Un-audited Financial Results of the Company for the quarter and half year ended on September 30, 2026.

Motisons Jewellers Limited: Trading window closed from Oct 01, 2026 till 48 hours after the declaration of Un-audited Financial Results for the quarter and half year ended Sep 30, 2026

Auditor appointment

• Shareholders approved appointment of M/s. N.K. Aswani & Co. as Statutory Auditors for five years (2026-27 to 2030-31).

Re-appointment: Sushil Kumar Gangwal

• Re-appointment of Mr. Sushil Kumar Gangwal as Non-Executive Independent Director for five years from 25 May 2027.

Re-appointment: Sunil Chordia

• Re-appointment of Mr. Sunil Chordia as Non-Executive Independent Director for five years from 25 May 2027.

Re-appointment: Vikas Kaler

• Re-appointment of Mr. Vikas Kaler as Non-Executive Independent Director for five years from 15 September 2027.

AGM approvals

• Shareholders approved auditor appointment and director re-appointments at the 15th AGM held 28 Sep 2026.

AGM Details

• AGM held on 28 September 2026 at 03:30 PM IST via VC/OAVM.
• Remote e-voting from 25 September to 27 September 2026.
• Venue deemed the Registered Office.
• Meeting conducted under applicable Act and SEBI LODR guidelines.

Key Resolutions

• Ordinary: Adopt Audited Financial Statements for year ended 31 March 2026.
• Ordinary: Reappoint Laksh Chhabra as Director (retiring by rotation).
• Ordinary: Reappoint Namita Chhabra as Director (retiring by rotation).
• Ordinary: Appoint N.K. Aswani & Co. as Statutory Auditors; fix remuneration.
• Special: Reappointment of Sushil Kumar Gangwal as Non-Executive Independent Director.
• Special: Reappointment of Sunil Chordia as Non-Executive Independent Director.
• Special: Reappointment of Vikas Kaler as Non-Executive Independent Director.

Voting Update

• Voting results to be declared after scrutinizer's report within statutory time limits.

Directors / Appointments

• Directors proposed for reappointment: Laksh Chhabra and Namita Chhabra.
• Independent directors reappointed: Sushil Kumar Gangwal, Sunil Chordia, and Vikas Kaler.

Auditors

• Statutory audit firm appointed: N.K. Aswani & Co.; remuneration to be fixed.

NCRPS Redemption

• Board approved redemption of 50,00,000 unlisted 2.5% NCRPS at ₹10 each.
• Redemption to be funded from profits.
• Post redemption, the issued and paid-up preference share capital will stand Nil.

Preference share redemption

• Board approved redemption of 5 million unlisted 2.5% non-convertible redeemable preference shares, out of profits.
• Post-redemption, paid-up preference share capital will stand nil.
• Board meeting date: 17 September 2026.

Board action

• Board to meet Sep 17, 2026 to consider redeeming 50 lakh 2.5% NRPS (unlisted), subject to approvals.