PC Jeweller has allotted 51,24,68,600 equity shares following the conversion of warrants. This allotment, approved on January 31, 2026, has increased the company’s paid-up equity share capital to ₹790,95,13,455. The newly allotted shares rank equally with existing shares.
Equity Share Allotment Details
PC Jeweller announced the allotment of 51,24,68,600 equity shares with a face value of ₹1 each. This allotment results from the conversion of 5,12,46,860 warrants. The decision was approved by the Board of Directors via a resolution passed on January 31, 2026.
Changes in Share Capital
Following the allotment, there’s a change in the paid-up equity share capital:
Paid-up equity share capital
₹ 739,70,44,855 (comprising of 739,70,44,855 equity shares of ₹ 1/- each)
₹ 790,95,13,455 (comprising of 790,95,13,455 equity shares of ₹1/- each)
Warrant Conversion Details
The warrants were converted at a rate of ₹42.15 per warrant, representing 75% of the issue price. The allottees belong to the ‘Promoter Group’.
Details of Allotment
Name of Allotee(s)
No. of Warrants applied for conversion
No. of equity shares allotted
Amount received
Balram Garg (HUF)
2,59,84,560
25,98,45,600
₹1,09,52,49,204.00
Pooja Garg
1,33,99,900
13,39,99,000
₹56,48,05,785.00
New Track Garments Private Limited
1,18,62,400
11,86,24,000
₹50,00,00,160.00
Total
5,12,46,860
51,24,68,600
₹216,00,55,149.00
Impact on Shareholding
Pre preferential issue No. of Shares (%)
Post preferential issue No. of Shares (%)
No. of shares allotted upon conversion of Warrants
Promoters and Promoter Group
272,56,79,480 (36.85%)
51,24,68,600
323,81,48,080 (40.94%)
Public
467,13,65,375 (63.15%)
–
467,13,65,375 (59.06%)
Total
739,70,44,855 (100.00%)
51,24,68,600
790,95,13,455 (100.00%)
Source: BSE
