PC Jeweller Limited provided an update on the clearance of its outstanding debt. On July 07, 2026, the company successfully cleared and repaid all its outstanding debt pertaining to 2 out of its 14 consortium banks. This repayment was made under the terms of a Settlement Agreement dated September 30, 2024.
The company stated this action is in line with its objective of achieving a debt-free status within the current quarter (Q2 FY2027). It described this repayment as the beginning of a significant milestone in its ongoing turnaround journey.
The disclosure was signed by Vishan Deo, Executive Director (Finance) & CFO (DIN: 07634994), and was addressed to the Listing Compliance departments of BSE Limited and the National Stock Exchange of India Limited.