Motisons Jewellers Limited informed the stock exchanges on April 16, 2026, that its Board of Directors met and approved the redemption of 5,000,000 unlisted 2.5% Non-Convertible Redeemable Preference Shares. These shares, which have a face value of ₹10 each, are held by Gajraj Tradecom Private Limited and will be redeemed out of the company’s profits. Following this redemption, the company’s issued and paid-up preference share capital will be reduced to 5,000,000 shares of the same class.

This regulatory filing, submitted under Regulation 30 of the SEBI (LODR) Regulations, 2015, specifies that the board meeting concluded at 5:30 P.M.. The action effectively reduces the company’s non-convertible preference share obligations while utilizing internal accruals for the payout. This move aligns with standard corporate restructuring practices aimed at managing share capital more efficiently.

Motisons Jewellers is a prominent Indian jewelry retailer that manufactures and trades a diverse range of products including gold, diamond, platinum, and silver items, with a portfolio exceeding 300,000 designs. The company specializes in various styles such as traditional, modern, temple, and Italian jewelry. In recent developments through 2025, the company has focused on debt reduction and has maintained a strong CAGR in profit growth over the past five years.

For the quarter ended December 31, 2025, Motisons Jewellers reported total revenue of ₹175.06 Crore, representing a significant 93.45% increase from the previous quarter and a 20.33% rise compared to the same period in the previous year. Net profit for the same quarter stood at ₹25.94 Crore, reflecting a 21.05% growth over the previous three months and a substantial 69.54% jump year-on-year. The company’s shareholding pattern as of late 2025 shows heavy promoter control, with notable public shareholders including individuals like Vinod Dugar, who held approximately 1.27% of the company.