PC Jeweller Limited — Important, 31-03-2026: Disclosure of material issue

PC Jeweller has allotted 7.90 crore new equity shares to two non-promoter public investors. This action stems from the conversion of 79.05 lakh previously issued warrants, adjusted for a 1:10 stock split. The company received ₹33.32 Cr in balance payment (75% of the warrant issue price) from these investors.

**Impact:**

The company's paid-up equity capital has increased from ₹856.96 Cr (856.96 crore shares) to ₹864.86 Cr (864.86 crore shares). This conversion results in a minor shift in shareholding: Public holding rose from 58.90% to 59.28%, while the Promoter Group's stake slightly decreased from 41.10% to 40.72%. This is a standard dilution event from warrant conversion.