PC Jeweller Allots 3.05 Cr Shares on Warrant Conversion

PC Jeweller Ltd has allotted 3,05,50,000 equity shares to Promoter & Managing Director, Shri Balram Garg, upon conversion of an equal number of Fully Convertible Warrants. This conversion follows the receipt of the balance amount of ₹41,24,25,000, representing 75% of the issue price per warrant. The allotment increases the company's paid-up equity share capital from ₹9,71,05,34,855 to ₹9,74,10,84,855. The newly allotted shares will rank pari-passu with existing equity shares. This action is in accordance with SEBI regulations.