New Launch31 March 2026 at 01:00 pm
PC Jeweller Ltd Allots 7.9 Crore Shares on Conversion of Fully Convertible Warrants
AI Summary
PC Jeweller Ltd has allotted 7,90,45,290 equity shares to two allottees belonging to the 'Non-Promoter, Public Category' after adjusting the number of shares, paid-up value per share, and premium per share post sub-division of face value of equity shares. The allotment is pursuant to the exercise of their rights of conversion of Warrants into equity shares. The newly allotted equity shares shall rank pari-passu with the existing equity shares of the Company. The paid-up equity share capital of the Company has also been changed consequent to the allotment.
Key Highlights
- Allotment of 7,90,45,290 equity shares to two allottees belonging to the 'Non-Promoter, Public Category'
- Allotment pursuant to the exercise of their rights of conversion of Warrants into equity shares
- Change in the paid-up equity share capital of the Company to ₹ 864,86,03,175 (comprising of 864,86,03,175 equity shares of ₹ 1/- each)
- Newly allotted equity shares shall rank pari-passu with the existing equity shares of the Company
- Consequent changes in the paid-up equity share capital of the Company