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Gems- Jewellery And Watches
Shareholding16 Apr 2026, 08:10 am

PC Jeweller: Pooja Garg's Stake Rises to 3.67% via Warrant Conversion

AI Summary

Pooja Garg, a promoter of PC Jeweller Ltd, increased her direct shareholding in the company through the conversion of Fully Convertible Warrants into equity shares. Her stake in shares carrying voting rights rose from 1.62% to 3.67%. The acquisition involved the payment of the balance 75% of the issue price as per SEBI regulations. While Pooja Garg's individual holding increased, the overall promoter and Persons Acting in Concert (PAC) group holding, including Balram Garg and Balram Garg (HUF), remained stable at 29.30% of the total voting capital. The company's total diluted share capital increased from ₹9710534855 to ₹9807757077 post-conversion. This disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Pooja Garg increased her direct stake in PC Jeweller.
  • Her voting shareholding rose from 1.62% to 3.67%.
  • Acquisition was through conversion of warrants into equity.
  • Overall promoter/PAC group holding remained at 29.30%.
  • Company's diluted share capital increased post-conversion.
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