ASI Industries Limited has made a disclosure pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015 regarding acquisition of equity shares in PC Jeweller Limited.

Transaction Details

  • Target Entity: PC Jeweller Limited
  • Acquisition Date: 15th October 2026 at 3:30 PM
  • Number of Shares Acquired: 30,00,000 equity shares
  • Percentage of Shareholding: 0.031% of total shareholding
  • Total Cost of Acquisition: ₹4.34 Crores
  • Consideration Type: Cash consideration
  • Transaction Type: Arm's length transaction through stock exchange

Purpose and Impact

  • The shares were acquired for investment purpose with view to reap long-term/short-term investment benefits
  • ASI Industries Limited does not intend to acquire control whether directly or indirectly of the management of PC Jeweller Limited
  • The acquisition does not fall within Related Party Transactions
  • Promoter/promoter group/group companies have no interest in the acquired entity

Target Company Financials (as at 31/03/2026)

  • Turnover (Standalone): ₹3,352.88 Crore
  • PAT: ₹710.62 Crore
  • Net Worth: ₹8,127.10 Crore
  • Previous Year Turnovers:
  • 2024-25: ₹2,243.25 Crores
  • 2023-24: ₹189.45 Crore

Company Background

  • PC Jeweller Limited Business: Engaged in manufacturing, trading, retailing, and export of gold, diamond-studded, silver, and precious-stone jewellery. The company sells jewellery through retail showrooms and online platforms with focus on wedding and diamond jewellery.
  • Date of Incorporation: 13th April 2005
  • Geographic Presence: India

Regulatory Aspects

  • No governmental or regulatory approvals required for the acquisition
  • Acquisition completed on 15th October 2026
  • Information about target entity obtained from its website, annual report for FY 2025-26, audited financial results for year ended 31st March 2026, and BSE/NSE website

Disclosure Timing

Company became aware of detailed particulars regarding acquisition of shares outside normal working hours, hence intimation made on 16th October 2026 after resumption of normal working hours.