Motisons Jewellers Ltd Board Meeting Regarding Preference Shares Cancelled
Motisons Jewellers Ltd announced the cancellation of its adjourned Board Meeting. The company stated that the meeting could not be convened because of a lack of the requisite quorum.The company previously issued an intimation regarding the adjournment of the Board of Directors' meeting. Following the cancellation, the revised date for the Board Meeting, which is intended to consider and approve the redemption of 50,00,000 2.5% NonConvertible Redeemable Preference Shares (unlisted), will be communicated at a later time.
MOTISONS Stock Price Movement
Today, Motisons Jewellers Limited shares edged higher to close at ₹13.49, marking a modest gain of 0.45% in after-hours trading. The stock saw significant activity, with total volume reaching 4.28 million shares during the session.Source:
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