PC Jeweller Allots 3.63 Cr Shares on Warrant Conversion

PC Jeweller Ltd has allotted 3,63,62,222 equity shares to Promoter & Managing Director, Shri Balram Garg, upon conversion of the remaining warrants. This conversion, triggered by the receipt of the balance payment of ₹49.09 Cr (75% of the issue price per warrant), completes the full conversion of 9,72,22,222 warrants initially allotted. The face value of each share is ₹1. The allotment results in a consequential increase in the company's paid-up equity share capital from ₹977.14 Cr to ₹980.78 Cr, comprising 980,77,57,077 equity shares. The newly allotted shares will rank pari-passu with existing shares.