Business
PC Jeweller Allots 97.84 Lakh Equity Shares
PC Jeweller Allots 97.84 Lakh Equity Shares
About this update from Pc Jeweller Ltd.
PC Jeweller has allotted 97.84 lakh equity shares following the conversion of fully convertible warrants, resulting in changes to the company's paid-up equity share capital.The board of directors approved the allotment of 97,84,800 equity shares with a face value of ₹1 each. This decision, made via circulation on August 13, 2025, converts 9,78,480 warrants to two allottees under the ‘Non-Promoter, Public Category’.The conversion occurred after adjusting for the sub-division/split of equity shares, changing the face value from ₹10 to ₹1 per share, effective December 16, 2024. The company received ₹4,12,42,932, amounting to ₹42.15 per warrant, which represents 75% of the issue price.Following this allotment, the paid-up equity share capital of the company has been adjusted as detailed below:Changes in Paid-up Equity Share CapitalParticularsBefore AllotmentAfter AllotmentPaid-up equity share capital₹692,21,59,350 (comprising of 692,21,59,350 equity shares of ₹1 each)₹693,19,44,150 (comprising of 693,19,44,150 equity shares of ₹1 each)The newly allotted equity shares rank equally with the existing shares of the company. This decision complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155, dated November 11, 2024.All directors approved the resolution, with the final director's approval received by 4:47 P.M. today.The details of the allotment as per Annexure-1 are as follows:Details of Equity Shares AllottedS. No.Name of Allotee(s)No. of Warrants held prior to conversionNo. of Warrants applied for conversionNo. of equity shares allotted*Issue Price per Warrant (₹)Amount received (being 75% of the Issue Price per Warrant) (₹)ANon-Promoter, Public:1Hawk Capital Pvt Ltd8,87,4267,11,80071,18,00056.203,00,02,3702Vivek Garg4,30,0002,66,68026,66,80056.201,12,40,562Total13,17,4269,78,48097,84,80056.204,12,42,932* 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.Impact on ShareholdingCategoryPre preferential issue No. of Shares%No. of shares allotted upon conversion of WarrantsPost preferential issue No. of Shares%Post allotment of securities outcome of the subscriptionPromoters and Promoter Group (A)272,56,79,48039.38-272,56,79,48...