ALPHA TRIBE

Moksh Ornaments LimitedBoard Meeting, 10-07-2025: Outcome of Board Meeting

10-07-2025 | 04:44 pm

Moksh Ornaments Ltd. has announced a board meeting to approve a corrigendum to the Extraordinary General Meeting (EGM) notice. The company plans a preferential issue of up to 45 lakh equity shares at Rs. 15 each, aiming to raise Rs. 6.75 Cr to fund business expansion, new manufacturing units, machinery procurement, working capital, and general corporate expenses. Additionally, up to 45 lakh fully convertible warrants will be issued at the same price, exercisable within 18 months. Promoters’ shareholding will dilute post-issue, but control remains unchanged. The company expects to complete allotment within 15 days of shareholder approval.

No comments yet. Be the first to comment!

All announcements from Moksh Ornaments Limited