StockWatch
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Gems- Jewellery And Watches
Regulatory27 May 2026, 06:33 pm

PC Jeweller: No Deviation in Issue Proceeds Utilization

AI Summary

PC Jeweller Ltd. confirms no deviation or variation in the utilization of proceeds from preferential issues for the quarter ended March 31, 2026. This pertains to fully convertible warrants and equity shares as stated in previous notices and postal ballot notices. The audit committee has reviewed the statement of deviation or variation, ensuring compliance with Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Highlights

  • PC Jeweller reports no deviation in utilization of preferential issue proceeds for Q4 FY26.
  • The report covers proceeds from fully convertible warrants and equity shares.
  • Audit Committee reviewed the statement, ensuring LODR compliance.
  • ₹556.43 crore raised via warrant conversions during the quarter.