Moksh Ornaments Limited — QIP/Rights/Pref., 14-12-2024: Rights Issue

Moksh Ornaments Ltd. has announced a rights issue of up to 3,26,62,642 equity shares, aiming to raise approximately ₹48.99 Crore at an issue price of ₹15 per share. The record date for determining the eligible equity shareholders is set for December 20, 2024. The rights entitlement ratio is 14:23, allowing shareholders to purchase 14 shares for every 23 shares held. The rights issue opens on December 30, 2024, and closes on January 10, 2025, with on-market renunciation taking place until January 7, 2025. Assuming full allotment, the total outstanding equity shares will increase to 8,63,22,697 shares post-rights issue.