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: Conversion of fully convertible warrants into equity shares

Date of Transaction: 24/09/2026

Number of Shares Affected: 3,63,62,222 equity shares

% of Total Shareholding / Voting Capital Affected: The transaction increased the total paid-up capital from 977,13,94,855 shares to 980,77,57,077 shares

Mode of Transaction / Action: Preferential allotment on private placement basis, conversion of warrants

Consideration (if disclosed): ₹49,08,89,997 (aggregate amount received for conversion)

Shareholding / Promoter Snapshot (Before & After):

Before Transaction / Event:

  • Promoters and Promoter Group:
  • Shares Held: Not explicitly stated in number, but percentage was 38.88%
  • % of Total Capital: 38.88%
  • Public:
  • Shares Held: 597,25,18,895
  • % of Total Capital: 61.12%
  • Total Capital: 977,13,94,855 shares (100%)

After Transaction / Event:

  • Promoters and Promoter Group:
  • Shares Held: 383,52,38,182
  • % of Total Capital: 39.10%
  • Public:
  • Shares Held: 597,25,18,895
  • % of Total Capital: 60.90%
  • Total Capital: 980,77,57,077 shares (100%)

Other Noteworthy Information:

  • This conversion completes the full conversion of 9,72,22,222 warrants originally allotted to Shri Balram Garg on September 18, 2025
  • 6,08,60,000 warrants had been converted previously
  • The conversion price was ₹18 per warrant (including a premium of ₹17 per share)
  • The newly allotted equity shares rank pari-passu with existing equity shares
  • The circular resolution was approved on September 24, 2026, with the last approval received at 7:56 PM
  • The filing is made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Analyst Notes:

This disclosure completes the warrant conversion process that began with the preferential allotment in September 2025. The transaction results in a modest increase in promoter holding from 38.88% to 39.10% while adding ₹49.09 crore to the company's capital. The filing follows all regulatory requirements under SEBI regulations.