PC Jeweller Limited — Others, 11-07-2025: Shareholders meeting

PC Jeweller Limited has announced a postal ballot seeking shareholder approval for three key items: increasing the authorised share capital by ₹50 crore to ₹1,310 crore to support future capital needs; issuing up to 9.72 crore fully convertible warrants to Managing Director Balram Garg at ₹18 each, raising up to ₹175 crore; and issuing up to 18.05 crore equity shares to Capital Ventures Private Limited at ₹18 each, raising up to ₹325 crore. The proceeds will primarily be used to repay ₹435 crore of outstanding bank debt, fund working capital needs, and cover issue expenses. The preferential allotments are subject to shareholder and regulatory approvals, with no change in company control expected.