PC Jeweller Limited provided an update on the clearance of its outstanding debt. The company informed that, on August 03, 2026, it successfully cleared and repaid all outstanding debt pertaining to two more banks. This repayment was executed under the terms of a Settlement Agreement dated September 30, 2024.
With this action, the company has now fully repaid all outstanding debt owed to 7 out of the 14 banks in its consortium. The company emphasized that these repayments to all 7 banks were prepaid and discharged well ahead of their scheduled due dates. This move is in line with the company's stated objective of achieving a completely debt-free status within the current quarter (Q2 FY2027).
The disclosure was signed by Vishan Deo, Executive Director (Finance) & CFO (DIN: 07634994), and is addressed to the Listing Compliance Departments of BSE Limited and the National Stock Exchange of India Limited.