PC Jeweller Limited — Important, 18-08-2026: Disclosure of material issue

PC Jeweller (PCJEWELLER) is making significant progress in reducing its outstanding debt. The company has successfully cleared and repaid all outstanding debt to 8 out of 14 consortium banks and has discharged over 96% of the remaining debt from the other 6 banks, all ahead of schedule.

**Issue:** Previously, the company carried significant outstanding debt.

**Company's Response/Mitigation:** PC Jeweller is actively pursuing its objective to achieve a debt-free status in the ongoing quarter. They have already repaid a substantial portion of their debt, with only less than 4% remaining across 6 banks.

**Possible Impact:** Achieving debt-free status will materially strengthen the company's balance sheet and financial position. This move aims to enhance financial stability and improve investor confidence.