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PC Jeweller is engaged in the business of manufacturing, sale and trading of gold jewellery, diamond-studded jewellery and silver items and operates in different geographical areas. The Company’s export business of gold jewellery is on a B2B basis through its dealers based in the Gulf via Dubai based firms.The company has a team of in-house designers.
PC Jeweller (PCJEWELLER) is making significant progress towards becoming debt-free. The company has fully repaid all outstanding debt to 9 out of its 14 consortium banks, ahead of their scheduled due dates. Additionally, over 96% of the debt to the remaining 5 banks has also been cleared. PC Jeweller expects...
PC Jeweller (PCJEWELLER) is making significant progress in reducing its outstanding debt. The company has successfully cleared and repaid all outstanding debt to 8 out of 14 consortium banks and has discharged over 96% of the remaining debt from the other 6 banks, all ahead of schedule. **Issue:** Previously, the...