Motisons Jewellers Limited — Others, 14-05-2025: Monitoring Agency Report

Motisons Jewellers Limited has announced a Monitoring Agency Report by Crisil Ratings on the utilization of Rs 170 crore raised through a preferential issue of fully convertible warrants. Rs 42.5 crore has been deployed mainly for repaying unsecured loans (Rs 13 crore), working capital (Rs 29.39 crore), and issue expenses (Rs 0.11 crore). The remaining Rs 127.5 crore is yet to be received within the committed timeline. Utilization is on track with original plans, aiding debt reduction and supporting day-to-day operations, which is positive for financial health and shareholder value.