Loan & Debt25 Sept 2026, 05:12 pm
PC Jeweller Achieves Debt-Free Status
AI Summary
PC Jeweller Ltd has announced the successful clearance of all outstanding debt to 14 consortium banks. The company has discharged its remaining obligations ahead of the scheduled due dates as per the Settlement Agreement dated September 30, 2024. This achievement marks a significant milestone, rendering the company debt-free and substantially strengthening its balance sheet and overall financial position.
Key Highlights
- PC Jeweller has successfully repaid all outstanding debt to 14 consortium banks.
- The company has achieved a debt-free status.
- Repayments were completed ahead of schedule.
- This strengthens the company's balance sheet and financial position.
Price Impact
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