PC Jeweller Limited — Others, 04-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

PC Jeweller Limited confirms there is no deviation in the utilization of proceeds from its recent preferential issue of Fully Convertible Warrants. The fund-raising effort raised ₹513.95 crore, with subsequent allotments leading to a total of 118.41 crore equity shares issued. The funds are earmarked primarily for repaying bank debts, working capital, and general corporate purposes. The Audit Committee has reviewed the statement with no concerns noted. This transparency may enhance investor confidence, reflecting positively on the company's operational integrity and financial discipline moving forward.