Summary of Key Information:
Acquirer / Seller / Promoter: Shri Balram Garg, Promoter & Managing Director of the Company
Target Company: PC Jeweller Limited
Stock Exchange Listings:
NSE Scrip Code: PCJEWELLER
BSE Scrip Code: 534809
Nature of Transaction / Event: Shareholding acquisition through conversion of fully convertible warrants
Date of Transaction: 03/08/2026
Number of Shares Affected: 1,10,50,000 equity shares
% of Total Shareholding / Voting Capital Affected: 0.07% increase in promoter holding
Mode of Transaction / Action: Preferential allotment upon conversion of warrants
Consideration (if disclosed): ₹14,91,75,000 (aggregate balance amount received)
Shareholding / Promoter Snapshot (Before & After):
Before Transaction / Event:
Shares Held: 376,85,65,960
% of Total Capital: 38.69%
After Transaction / Event:
Shares Held: 377,96,15,960
% of Total Capital: 38.76%
Other Noteworthy Information:
- The warrants were originally allotted on September 18, 2025 through preferential allotment on private placement basis
- Conversion price: ₹13.50 per warrant (75% of the Issue Price of ₹18 per warrant)
- Total issue price per share: ₹18 (including premium of ₹17 per share)
- New shares rank pari-passu with existing equity shares
- Paid-up equity capital increased from ₹974,10,84,855 to ₹975,21,34,855
- Public shareholding decreased from 61.31% to 61.24%
- Board approval obtained via circular resolution on August 03, 2026
- Compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
Analyst Notes:
The transaction represents the conversion of previously issued fully convertible warrants, resulting in a marginal increase in promoter holding percentage. The company has complied with SEBI regulations regarding disclosure of preferential allotment outcomes.