PC Jeweller Limited — Board Meeting, 10-07-2025: Outcome of Board Meeting

PC Jeweller has announced a board meeting approving an increase in authorised share capital from ₹1260 Cr to ₹1310 Cr by adding 50 crore equity shares. The company plans to raise up to ₹500 Cr via preferential allotment: ₹175 Cr through fully convertible warrants to promoter Balram Garg, and ₹325 Cr through equity shares to a non-promoter investor, Capital Ventures Pvt Ltd, both at ₹18 per share/warrant. Members’ approval will be sought through a postal ballot. This capital raise aims to strengthen the balance sheet and support growth initiatives.