Moksh Ornaments Limited — Important, 02-06-2025: General Updates

Moksh Ornaments Ltd. has announced a board meeting on the proposed formation of a wholly-owned subsidiary, Moksh Finance and Investments (India) Pvt. Ltd., with authorized capital of Rs. 1 lakh. The new entity will operate as an NBFC, marking the company’s strategic diversification beyond jewellery manufacturing and exports to tap financial services opportunities and support long-term growth. The promoter group will retain 99.99% control of the subsidiary.