Summary of Key Information:
Acquirer / Seller / Promoter: Shri Balram Garg
Target Company: PC Jeweller Limited
Stock Exchange Listings:
NSE Scrip Code: PCJEWELLER
BSE Scrip Code: 534809
Nature of Transaction / Event: Shareholding acquisition via conversion of fully convertible warrants
Date of Transaction: 22/09/2026
Number of Shares Affected: 74,07,500 equity shares
% of Total Shareholding / Voting Capital Affected: 0.04% increase in promoter holding
Mode of Transaction / Action: Preferential allotment on private placement basis
Consideration (if disclosed): ₹10,00,01,250 (being 75% of issue price per warrant)
Shareholding / Promoter Snapshot (Before & After):
Before Transaction / Event:
Shares Held: 377,96,15,960
% of Total Capital: 38.76%
After Transaction / Event:
Shares Held: 378,70,23,460
% of Total Capital: 38.80%
Other Noteworthy Information:
- The conversion was of 74,07,500 warrants out of total 9,72,22,222 warrants allotted
- Issue price per warrant: ₹18 (including premium of ₹17 per share)
- Amount received: ₹10,00,01,250 at ₹13.50 per warrant (75% of issue price)
- 4,82,14,722 warrants remain pending for conversion
- New shares rank pari-passu with existing equity shares
- Board approval obtained via circular resolution on September 22, 2026 at 11:27 AM
- Disclosure made under Regulation 30 of SEBI (LODR) Regulations, 2015
- Reference to SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
Analyst Notes:
This is a scheduled conversion of previously allotted fully convertible warrants to the promoter. The transaction increases the promoter's stake marginally by 0.04% while adding ₹10 crore to the company's capital. The filing represents a routine disclosure of warrant conversion as per the original preferential issue terms.