PC Jeweller Limited — Important, 15-11-2025: Disclosure of material issue

PC Jeweller (PCJEWELLER) has allotted 1.76 million new equity shares (₹1 FV each) to Hawk Capital Pvt Ltd, a public category investor. This follows the conversion of 1.76 lakh Fully Convertible Warrants, adjusted for the recent 1:10 stock split, meaning each warrant now converts into 10 shares.

**What's the action & impact?**

* **Capital Boost:** PCJ received ₹0.74 Cr in fresh funds as investors paid the remaining conversion amount (₹42.15 per warrant).

* **Equity Expansion:** The company's total paid-up share capital increased from ₹732.67 Cr to ₹732.85 Cr shares.

* **Minor Dilution:** This results in a marginal dilution for existing shareholders, with public shareholding rising slightly from 62.80% to 62.81%.

This move completes a phase of PCJ's previous preferential allotment, turning warrant commitments into full equity and enhancing the company's balance sheet.