Corporate Action13 Nov 2026, 07:53 pm
PC Jeweller Completes Utilization of ₹500 Cr Preferential Issue Funds
AI Summary
PC Jeweller Limited has announced the complete utilization of funds raised through its preferential issue of Fully Convertible Warrants and Equity Shares, amounting to ₹500 crore. The Monitoring Agency Report, issued by CARE Ratings Limited for the quarter ended September 30, 2026, confirms that all proceeds have been utilized as per the disclosed objects. This marks the final report from the monitoring agency for this issue, indicating the successful deployment of capital raised via the preferential issue approved by shareholders on August 10, 2025.
Key Highlights
- Full utilization of ₹500 crore preferential issue proceeds confirmed.
- Monitoring Agency Report for Q3 FY27 submitted by CARE Ratings.
- No deviation observed in the utilization of funds.
- This is the final monitoring agency report for the issue.
- Funds were utilized for repayment of debt and working capital.
Price Impact
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