Key Decisions and Quantitative Figures
1. Increase in Authorised Share Capital:
- Approved increase in authorised share capital from ₹1,310 crore to ₹1,460 crore.
- Existing capital: 1,050 crore equity shares of ₹1 each + 26 crore preference shares of ₹10 each.
- New capital: 1,200 crore equity shares of ₹1 each + 26 crore preference shares of ₹10 each.
- Increase achieved through creation of additional 150 crore equity shares of ₹1 each.
- Requires alteration of Capital Clause in Memorandum of Association.
2. Fundraising Through QIP:
- Approved raising funds up to ₹1,000 crore aggregate amount.
- To be raised through Qualified Institutions Placement in one or more tranches.
- Securities: Equity shares of ₹1 face value and/or other eligible securities or combination.
3. QIP Committee Formation:
- Constitution of Qualified Institutions Placement Committee authorized to:
- Appoint intermediaries, advisors, and agencies
- Finalize structure, size, timing, pricing, and documentation
- Execute necessary documents and make filings
- Take all necessary actions related to the QIP
4. Approval Process:
- Both capital increase and QIP require member approval via Postal Ballot.
- Cut-off date for e-mail registration: July 10, 2026.
- Postal Ballot Notice will be sent electronically to members with registered e-mail addresses.
- Notice will be available on company website (www.pcjeweller.com), BSE website (www.bseindia.com), NSE website (www.nseindia.com), and KFintech website (https://evoting.kfintech.com).
Meeting Details
- Date: July 16, 2026
- Time: 4:00 PM to 4:40 PM
Parties Involved
- Registrar & Transfer Agent: KFin Technologies Limited (KFintech)
- Stock Exchanges: BSE Limited, National Stock Exchange of India Limited
Conditions and Approvals Required
- Subject to receipt of member approval
- Subject to necessary regulatory and statutory approvals
- Subject to applicable provisions of Companies Act, 2013 and other applicable laws