Loan & Debt30 Sept 2026, 02:39 pm
PC Jeweller Ltd Clears Debt from All 14 Consortium Banks
AI Summary
PC Jeweller Ltd has announced the successful clearance of outstanding debts owed to all 14 consortium banks. The company has received the final No Objection cum No Dues cum Release Letter from the last of these banks today. This development signifies the complete resolution of its debt obligations with the banking consortium, marking a significant step towards financial deleveraging.
Key Highlights
- Debt cleared with all 14 consortium banks.
- Received final 'No Dues' letter from all banks.
- Marks a significant step in financial deleveraging.
- Resolves outstanding debt obligations.
Price Impact
More from PCJEWELLER