Summary of Key Information:
PC Jeweller Limited has formally announced the achievement of a debt-free status through the complete repayment of all outstanding obligations to its banking consortium.
Target Company:
PC Jeweller Limited
Stock Exchange Listings:
BSE Scrip Code: 534809
NSE Symbol: PCJEWELLER
Nature of Transaction / Event:
Clearance of outstanding debt and achievement of debt-free financial status
Date of Transaction:
25/09/2026
Details of Debt Clearance:
- Successfully discharged all remaining outstanding debt to all 14 consortium banks
- Repayments were completed ahead of the scheduled due dates outlined in the Settlement Agreement
- The Settlement Agreement referenced was dated 30 September 2024
Financial Impact:
The accomplishment of a debt-free status is expected to materially strengthen the Company's balance sheet and overall financial position.