PC Jeweller’s promoter group, including Balram Garg (HUF) and Pooja Garg, increased their stake by converting warrants into equity shares. This move resulted in a combined holding of 2847087222 shares, representing 32.04% of the total share capital. The conversion impacts the equity share capital, which is now Rs. 7909513455. This stake increase reflects the promoters’ confidence in the company’s future prospects.
Promoter Group’s Increased Holding
The promoter group of PC Jeweller, consisting of Balram Garg (HUF) and Pooja Garg, has increased its stake in the company through the conversion of warrants into equity shares. Prior to this acquisition, the total holding was 2847087222 shares, representing 28.93% of the total share capital.
Details of Acquisition
The acquisition involved the conversion of warrants into shares, which resulted in:
- Balram Garg (HUF): Acquired 259845600 shares, then released the encumbrance of (259845600) shares.
- Pooja Garg: Acquired 133999000 shares, then released the encumbrance of (133999000) shares.
Impact on Shareholding
After the acquisition, the shareholding pattern is as follows:
- Balram Garg (HUF): Holds 350840000 shares, representing 4.44% of the total share capital.
- Balram Garg: Holds 2042821000 shares, representing 25.83% of the total share capital.
- Pooja Garg: Holds 140203000 shares, representing 1.77% of the total share capital.
Post-Acquisition Capital Structure
Following the warrant conversion, the equity share capital/ total voting capital of the TC after the said acquisition/sale is Rs. 7909513455/- [7909513455 Equity Shares of Re.1/- each]. The total diluted share/voting capital of the TC after the said acquisition/sale is Rs. 10256956357/- [10256956357 Equity Shares of Re. 1/- each].
The mode of acquisition was preferential allotment of equity shares pursuant to conversion of Fully Convertible Warrants upon payment of balance 75% of the issue price.
The date of acquisition / sale of shares / VR or date of receipt of intimation of allotment of shares is 02/02/2026.
Source: BSE
