PC Jeweller Clears Debt of 11 Consortium Banks, Targets Debt-Free Status This Month
New Delhi [India], September 10: Shares of PC Jeweller Ltd. may remain in focus after the company announced a significant update on its outs...
New Delhi [India], September 10: Shares of PC Jeweller Ltd. may remain in focus after the company announced a significant update on its outstanding debt position. In a filing dated September 10, 2026, the jewellery retailer said it has successfully cleared and repaid its outstanding debt to one more bank under the terms of its Settlement Agreement dated September 30, 2024.
With the latest repayment, PC Jeweller said it has now cleared all outstanding debt owed to 11 out of the 14 consortium banks, with the repayments completed ahead of their scheduled due dates.