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Motisons Jewellers’ board approved redemption of 5 million preference shares held by a shareholder
17-Sep-2026, 05:27
Motisons Jewellers Limited announced that its Board of Directors approved the redemption of 50,00,000 unlisted 2.5% Non-Convertible Redeemable Preference Shares with a face value of Rs 10 each, held by a preference shareholder, from the company's profits, reducing the issued and paid-up preference share capital to Nil.