StockWatch
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Gems- Jewellery And Watches
Shareholding14 Jul 2026, 10:45 am

EBISU Global Acquires Stake in PC Jeweller via Warrant Conversion

AI Summary

EBISU Global Opportunities Fund Ltd has disclosed a substantial acquisition of shares in PC Jeweller Limited through the conversion of warrants. The acquisition involved 505,000,000 shares, increasing the total equity share capital of PC Jeweller to 9,710,534,855 shares. The conversion of warrants was completed in two tranches on March 30, 2026, and April 13, 2026. This transaction falls under SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011.

Key Highlights

  • EBISU Global Opportunities Fund converted warrants into PC Jeweller shares.
  • Acquisition involved 505,000,000 shares.
  • PC Jeweller's equity capital increased post-conversion.
  • Transaction is under SEBI Takeover Regulations.
  • Warrant conversion dates were March 30 and April 13, 2026.