PC Jeweller Allots 106 Crore Shares on Warrant Conversion

PC Jeweller allotted 106,19,31,680 equity shares on conversion of warrants after receiving ₹447.60 crore from 32 allottees.
The company's paid-up equity share capital increased from ₹864.86 crore to ₹971.05 crore following the conversion.
Promoter group holding decreased from 40.72% to 38.49% while public shareholding increased from 59.28% to 61.51%.
The conversion was executed at ₹42.15 per warrant (75% of issue price) following a stock split from ₹10 to ₹1 face value.