Motisons Jewellers Limited — Others, 14-05-2025: Statement of deviation(s) or variation(s) under Reg. 32

Motisons Jewellers has announced a board meeting to consider the financial results for the quarter and half-year. The company raised Rs. 170 Cr through a preferential issue and confirms funds were used as planned, primarily for working capital (Rs. 29.39 Cr), repayment of unsecured loans (Rs. 13 Cr), and issue-related expenses (Rs. 0.11 Cr). No funds were diverted to general corporate purposes, demonstrating clear adherence to the stated objectives and maintaining shareholder trust.