Corporate Action22 Sept 2026, 11:42 am
PC Jeweller Allots 74.07 Lakh Shares on Warrant Conversion
AI Summary
PC Jeweller Ltd has allotted 74,07,500 equity shares to Promoter & Managing Director, Shri Balram Garg, upon conversion of Fully Convertible Warrants. This conversion follows the receipt of the balance amount of ₹10,00,01,250/- at ₹13.50 per warrant. The allotment increases the company's paid-up equity share capital to ₹975,95,42,355/- from ₹975,21,34,855/-. The newly allotted shares will rank pari-passu with existing equity shares.
Key Highlights
- 74,07,500 equity shares allotted to Promoter Balram Garg.
- Conversion of Fully Convertible Warrants into equity shares.
- Paid-up share capital increased to ₹975,95,42,355/-.
- New shares rank pari-passu with existing shares.
- Transaction involves ₹10,00,01,250/- balance payment.
Price Impact
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