PC Jeweller Limited has announced an amendment to its Memorandum of Association, significantly increasing its authorized share capital. The capital has been revised to ₹14,600 crore, comprising 12,00,00,00,000 equity shares of ₹1 each and 26,00,00,000 preference shares of ₹10 each. This move, approved by shareholders via postal ballot, signals the company’s intent for future growth and potential capital-raising activities.
PC Jeweller Enhances Share Capital
PC Jeweller Limited has officially updated its Memorandum of Association (MoA) following member approval through a postal ballot. The company has raised its authorized share capital to a substantial ₹14,60,00,00,000/- (Rupees One Thousand Four Hundred Sixty Crore Only). This significant capital infusion is divided into 1,200,00,00,000 equity shares with a face value of ₹1/- each and 26,00,00,000 preference shares with a face value of ₹10/- each.
Strategic Implications for Growth
The amendment, effective as of August 24, 2026, reflects the company’s strategic vision for future expansion, potential acquisitions, or other capital-intensive initiatives. The approval was granted based on Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The amended Memorandum of Association has been submitted for official record.
Source: BSE
