PC Jeweller Limited has made a regulatory disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This is a follow-up to an earlier intimation dated September 18, 2025, regarding the allotment of 9,72,22,222 Fully Convertible Warrants to Shri Balram Garg, the Promoter & Managing Director of the company, via a preferential allotment on a private placement basis.

The Board of Directors, via a circular resolution passed on September 23, 2026, has allotted 1,18,52,500 equity shares of face value ₹1 each to Shri Balram Garg. This allotment was made upon the conversion of an equivalent number of warrants (1,18,52,500). The conversion was executed after the receipt of the balance amount of ₹16,00,08,750, which represents 75% of the Issue Price per Warrant. The newly allotted shares will rank pari-passu with the existing equity shares of the company.

The circular resolution was approved on September 23, 2026, with the last approval received at 5:02 PM.

Consequential Changes in Paid-up Equity Share Capital

Following this allotment, the company's paid-up equity share capital has changed as follows:

  • Before Allotment: ₹975,95,42,355 (975,95,42,355 equity shares of ₹1 each)
  • After Allotment: ₹977,13,94,855 (977,13,94,855 equity shares of ₹1 each)

Details from Annexure-1

Annexure-1 provides detailed breakdowns as required by SEBI regulations.

Warrant Conversion Details for Shri Balram Garg:

  • Total Warrants Allotted: 9,72,22,222
  • Warrants Already Converted (prior to this): 4,90,07,500
  • Warrants Applied for Conversion in this tranche: 1,18,52,500
  • Equity Shares Allotted in this tranche: 1,18,52,500
  • Allotted Price per Warrant (75% of Issue Price): ₹18
  • Total Amount Received: ₹16,00,08,750
  • Warrants Pending for Conversion: 3,63,62,222

Shareholding Pattern Change:

| Category | Pre-allotment Shares | Pre-allotment % | Shares Allotted | Post-allotment Shares | Post-allotment % |

| Promoters and Promoter Group (A) | 378,70,23,460 | 38.80 | 1,18,52,500 | 379,88,75,960 | 38.88 |

| Public (B) | 597,25,18,895 | 61.20 | - | 597,25,18,895 | 61.12 |

| Total (A+B) | 975,95,42,355 | 100.00 | 1,18,52,500 | 977,13,94,855 | 100.00 |

Intimation on Conversion:

The disclosure confirms the conversion of 1,18,52,500 warrants into an equal number of fully paid-up equity shares. The issue price was ₹18 per share, which includes a premium of ₹17 per share.

The document was signed by Vishan Deo, Executive Director (Finance) & CFO (DIN: 07634994), on September 23, 2026, at 5:12:20 PM.