PC Jeweller Allots 3.64 Crore Shares on Warrant Conversion; Paid-Up Capital Rises
New Delhi [India], September 25: PC Jeweller Limited has allotted 3.64 crore equity shares to promoter and Managing Director Balram Garg fol...
New Delhi [India], September 25: PC Jeweller Limited has allotted 3.64 crore equity shares to promoter and Managing Director Balram Garg following the conversion of the remaining fully convertible warrants, according to an exchange filing dated September 24, 2026.
The company said its board, through a circular resolution, approved the allotment of 3,63,62,222 equity shares with a face value of ₹1 each. The allotment follows receipt of the balance consideration of approximately ₹49.09 crore, representing 75% of the issue price of the warrants. The shares have been issued at ₹18 apiece, including a premium of ₹17 per share.