PC Jeweller expands equity capital after warrant conversion

PC Jeweller Limited has allotted 136,124,000 new equity shares, each with a face value of ₹1, to three non-promoter public allottees. This allotment follows the conversion of 13,612,400 warrants, for which the company received ₹57,37,62,660 at an issue price of ₹42.15 per warrant. The conversion was made after adjusting for a prior sub-division of equity shares from ₹10 to ₹1 each.

This strategic move has increased PC Jeweller's paid-up equity share capital from ₹693,19,44,150 to ₹706,80,68,150. The newly issued equity shares will rank pari-passu with existing shares, bringing the total number of equity shares to 706,80,68,150. The transaction was completed on September 9, 2025, and aligns with SEBI regulations and board approval.

The conversion notably shifts the post-preferential issue shareholding, with the non-promoter public category increasing its stake from 60.68% to 61.44% of the total paid-up capital. Promoters and the promoter group now hold 38.56%.