PC Jeweller Ltd Allots 20,09,70,560 Equity Shares on Conversion of Fully Convertible Warrants

PC Jeweller Ltd has allotted 20,09,70,560 equity shares having a face value of ₹ 1/- each on conversion of 2,00,97,056 Fully Convertible Warrants ('Warrants') to four Allottees. The Warrants were allotted on a private placement basis to the persons belonging to 'Promoter Group' and 'Non-Promoter, Public Category'. The allotment was made after adjusting the number of shares, paid-up value per share and premium per share post sub-division / split of face value of equity shares of the Company from ₹ 10/- each to ₹ 1/- each. The newly allotted equity shares shall rank pari-passu with the existing equity shares of the Company. The allotment has resulted in an increase in the paid-up equity share capital of the Company from ₹ 836,85,87,325 to ₹ 856,95,57,885.