PC Jeweller Limited — Important, 02-08-2025: General Updates

PC Jeweller has issued a corrigendum to its postal ballot, modifying details on fund utilization from proposed preferential issues and clarifying past share allotments. Rs 500 Cr from these issues will be allocated: Rs 434.27 Cr for outstanding debt repayment across various banks and Rs 65.33 Cr for working capital. This debt repayment is part of a larger Rs 2,457 Cr bank debt settlement plan. The update also clarifies prior warrant conversions into 22.01 Cr equity shares at Rs 5.62 each, providing transparency on past dilution.