Koura Fine Diamond Jewelry Limited has received in-principle approval from BSE for a significant preferential issue.

The company plans to issue 0.065 Cr equity shares to promoters and 0.25 Cr convertible warrants to both promoters and non-promoters.

These shares and warrants will be issued at a price of not less than Rs. 31.30 each.

This approval is a crucial step towards strengthening the company's capital base, providing funds for operational activities and future growth initiatives, benefiting stakeholders.