PC Jeweller has allotted 13.61 crore equity shares on the conversion of warrants, resulting in changes to the company's paid-up equity share capital.
The Board of Directors of PC Jeweller, via a resolution passed on September 09, 2025, has allotted 13,61,24,000 equity shares with a face value of ₹1 each. This allotment is due to the conversion of 1,36,12,400 warrants to 3 allottees belonging to the ‘Non-Promoter, Public Category.’ The conversion occurred after adjusting the number of shares, paid-up value per share, and premium per share post the sub-division/split of the equity shares. The balance amount received aggregated to ₹57.38 Crore at a rate of ₹42.15 per warrant.Consequent to the allotment of equity shares, the paid-up equity share capital of the company has changed as follows:
Changes in Paid-up Equity Share CapitalParticularsBefore Allotment
After Allotment
Paid-up equity share capital₹693.19 Crore (comprising of 693,19,44,150 equity shares of ₹1 each)
₹706.81 Crore (comprising of 706,80,68,150 equity shares of ₹1 each)
The details of the allottees and the equity shares allotted are as follows:
Details of Allottees and Equity SharesName of Allottee(s)No. of Warrants allotted / held prior to conversionNo. of Warrants applied for conversionNo. of equity shares allottedIssue Price per Warrant (₹)
Amount received (being 75% of the Issue Price per Warrant) (₹)
Unico Global Opportunities Fund Limited4,25,31,3291,18,62,40011,86,24,00056.20
50,00,00,160Intellexs Investments Solutions Pvt Ltd15,50,00015,50,0001,55,00,00056.20
6,53,32,500Maheshkumar Gupta10,00,0002,00,00020,00,00056.20
84,30,000Total4,50,81,3291,36,12,40013,61,24,00056.20
57,37,62,660
The number of equity shares allotted on conversion of Warrants are adjusted pursuant to sub-division / split of face value of equity shares of the Company from ₹10 each to ₹1 each.
The shareholding pattern before and after the preferential issue is as follows:
Shareholding PatternCategoryPre preferential issue No. of Shares%No. of shares allotted upon conversion of WarrantsPost preferential issue No. of Shares
%
Promoters and Promoter Group (A)272,56,79,48039.32-272,56,79,480
38.56Public (B)420,62,64,67060.6813,61,24,000434,23,88,670
61.44Total (A) + (B)693,19,44,150100.0013,61,24,000706,80,68,150
100.00
Conversion of 1,36,12,400 Warrants into 13,61,24,000 fully paid-up equity shares of ₹1 each at of an issue price of ₹5.62 each (including a premium of ₹4.62 per share) after adjusting the number of shares, paid-up value per share and premium per share post sub-division / split of face value of equity shares of the Company from 1 equity share of ₹10 each to 10 equity shares of ₹1 each.The company in another stock exchange filing said it will inaugurate a new franchise showroom in Delhi on September 22, 2025.