PC Jeweller has announced the allotment of 6,85,50,000 equity shares following the conversion of fully convertible warrants. This allotment impacts the company’s paid-up equity share capital, increasing it to ₹739,70,44,855. The shares were allotted to non-promoter public category warrant holders who exercised their conversion rights.
Equity Shares Allotment Details
PC Jeweller has allotted 6,85,50,000 equity shares, each with a face value of ₹1, following the conversion of 68,55,000 warrants. This allotment was made to six allottees belonging to the ‘Non-Promoter, Public Category’. The decision was formalized through a resolution passed on January 22, 2026.
Warrant Conversion Specifics
The warrants were converted upon the receipt of ₹28,89,38,250, representing ₹42.15 per warrant, which constitutes 75% of the issue price. This conversion adheres to the regulations set forth by SEBI for the issuance of capital and disclosure requirements.
Impact on Share Capital
Following this allotment, the paid-up equity share capital of PC Jeweller has changed as follows:
Before Allotment: ₹732,84,94,855 (comprising 732,84,94,855 equity shares of ₹1 each)
After Allotment: ₹739,70,44,855 (comprising 739,70,44,855 equity shares of ₹1 each)
Shareholding Pattern
The allotment has resulted in the following shareholding distribution:
Promoters and Promoter Group: 272,56,79,480 shares, representing 36.85%
Public: 467,13,65,375 shares, representing 63.15%
Background on Warrant Allotment
The initial allotment of warrants occurred in stages detailed in earlier communications from September 30, 2024, and October 11, 2024, involving a total of 48,08,02,500 fully convertible warrants.
Source: BSE
