PC Jeweller has allotted 13.61 crore equity shares on the conversion of warrants, resulting in changes to the company's paid-up equity share capital.
The Board of Directors of PC Jeweller, via a resolution passed on September 09, 2025, has allotted 13,61,24,000 equity shares with a face value of ₹1 each. This allotment is due to the conversion of 1,36,12,400 warrants to 3 allottees belonging to the ‘Non-Promoter, Public Category.’ The conversion occurred after adjusting the number of shares, paid-up value per share, and premium per share post the sub-division/split of the equity shares. The balance amount received aggregated to ₹57.38 Crore at a rate of ₹42.15 per warrant.
Consequent to the allotment of equity shares, the paid-up equity share capital of the company has changed as follows:
| Particulars | Before Allotment | After Allotment |
|---|---|---|
| Paid-up equity share capital | ₹693.19 Crore (comprising of 693,19,44,150 equity shares of ₹1 each) | ₹706.81 Crore (comprising of 706,80,68,150 equity shares of ₹1 each) |
The details of the allottees and the equity shares allotted are as follows:
| Name of Allottee(s) | No. of Warrants allotted / held prior to conversion | No. of Warrants applied for conversion | No. of equity shares allotted | Issue Price per Warrant (₹) | Amount received (being 75% of the Issue Price per Warrant) (₹) |
|---|---|---|---|---|---|
| Unico Global Opportunities Fund Limited | 4,25,31,329 | 1,18,62,400 | 11,86,24,000 | 56.20 | 50,00,00,160 |
| Intellexs Investments Solutions Pvt Ltd | 15,50,000 | 15,50,000 | 1,55,00,000 | 56.20 | 6,53,32,500 |
| Maheshkumar Gupta | 10,00,000 | 2,00,000 | 20,00,000 | 56.20 | 84,30,000 |
| Total | 4,50,81,329 | 1,36,12,400 | 13,61,24,000 | 56.20 | 57,37,62,660 |
The number of equity shares allotted on conversion of Warrants are adjusted pursuant to sub-division / split of face value of equity shares of the Company from ₹10 each to ₹1 each.
The shareholding pattern before and after the preferential issue is as follows:
| Category | Pre preferential issue No. of Shares | % | No. of shares allotted upon conversion of Warrants | Post preferential issue No. of Shares | % |
|---|---|---|---|---|---|
| Promoters and Promoter Group (A) | 272,56,79,480 | 39.32 | - | 272,56,79,480 | 38.56 |
| Public (B) | 420,62,64,670 | 60.68 | 13,61,24,000 | 434,23,88,670 | 61.44 |
| Total (A) + (B) | 693,19,44,150 | 100.00 | 13,61,24,000 | 706,80,68,150 | 100.00 |
Conversion of 1,36,12,400 Warrants into 13,61,24,000 fully paid-up equity shares of ₹1 each at of an issue price of ₹5.62 each (including a premium of ₹4.62 per share) after adjusting the number of shares, paid-up value per share and premium per share post sub-division / split of face value of equity shares of the Company from 1 equity share of ₹10 each to 10 equity shares of ₹1 each.
The company in another stock exchange filing said it will inaugurate a new franchise showroom in Delhi on September 22, 2025.
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