PC Jeweller Limited — Others, 05-08-2025: Monitoring Agency Report
05-08-2025 | 12:51 pm
05-08-2025 | 12:51 pm
PC Jeweller has received the Monitoring Agency Report from CARE Ratings for the quarter ended June 30, 2025, concerning its Rs. 2702.11 Cr preferential issue of fully convertible warrants. The report confirms no deviations from the original stated objectives in fund utilization. Of the funds made available for monitoring (Rs. 1267.41 Cr), Rs. 1267.40 Cr has been utilized. Major uses include repaying outstanding debts (Rs. 598.49 Cr) and meeting working capital needs (Rs. 529.01 Cr). This update assures investors that funds are being deployed as planned.
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