AJC Jewel Manufacturers Limited announced a preferential issue of up to 5,67,491 equity shares. The issue price is set at INR 169.85 per share, which includes a premium of INR 159.85 per share. This move follows a shareholders’ resolution passed on September 29, 2026, and is subject to in-principle approval from the stock exchange. All other terms of the issue remain as previously agreed.
Preferential Issue Approved
AJC Jewel Manufacturers Limited has announced its intention to proceed with a preferential issue, as approved by its shareholders on September 29, 2026. The company plans to issue and allot up to 5,67,491 equity shares. This issuance is subject to receiving the necessary in-principle approval from the relevant stock exchange.
Issue Details
The preferential issue will be conducted at an issue price of INR 169.85 per equity share. This price includes a significant premium of INR 159.85 per Equity Share. The company has confirmed that all other terms and conditions pertaining to this proposed preferential issue will apply mutatis mutandis.
Source: BSE
