PC Jeweller expands capital with new share and warrant allotments

PC Jeweller Limited, through a board resolution dated September 18, 2025, approved the allotment of 97,222,222 fully convertible warrants to Balram Garg, promoter and managing director. These warrants were issued at ₹18 per warrant, with ₹4.50 per warrant paid as subscription. Each warrant is convertible into one equity share of ₹1 face value upon payment of the remaining 75% within 18 months.

Additionally, the company allotted 180,555,555 equity shares, each with a face value of ₹1, to Capital Ventures Private Limited, a non-promoter entity. These shares were issued at ₹18 per share, with the full subscription amount received. As a result of these allotments, PC Jeweller's paid-up equity share capital has increased from ₹7,068,068,150 to ₹7,248,623,705.

The allotments were made via preferential private placement, adhering to SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. Approvals from members were received via postal ballot on August 10, 2025, and from BSE Limited and National Stock Exchange of India Limited on September 9, 2025.