PC Jeweller boosts equity capital with warrant conversion

PC Jeweller Limited announced on October 18, 2025, the allotment of 78,114,890 equity shares of ₹1/- each. This follows the conversion of 7,811,489 fully convertible warrants by eight allottees from the 'Non-Promoter, Public Category'. The conversion generated a total balance amount of ₹32,92,54,261.35 for the company. The warrants were converted at an issue price of ₹5.62 per warrant, including a premium of ₹4.62, after adjusting for a prior share split.

This conversion boosts PC Jeweller's paid-up equity share capital from ₹724,86,23,705 to ₹732,67,38,595, reflecting the issuance of additional equity shares. The new shares will rank pari-passu with existing equity shares, broadening the company's equity base.

The allotment is part of the company's preferential allotment on a private placement basis, initially totaling 48,08,02,500 fully convertible warrants, in accordance with SEBI regulations. The board of directors approved the resolution by circulation on October 18, 2025.