Moksh Ornaments Limited — Others, 25-06-2025: Shareholders meeting

Moksh Ornaments Limited has announced a board meeting to approve two key proposals: first, to issue up to 45 lakh equity shares at Rs. 15 per share to promoter Amrit Jawanmalji Shah, raising Rs. 6.75 Cr to support business expansion, working capital, and general corporate purposes; second, to issue up to 45 lakh fully convertible warrants at Rs. 15 each to promoter group Sangeeta Amritlal Shah, convertible into equity shares within 18 months, aggregating Rs. 6.75 Cr for similar funding needs. The allotments will be completed within 15 days post-approval, with no change in company control expected. Funds will be deployed flexibly as per business requirements. The shares and warrants will be subject to prescribed lock-in periods and will rank equally with existing shares upon allotment/conversion.