PC Jeweller has allotted 34,67,82,850 equity shares with a face value of ₹1 each, following the conversion of 3,46,78,285 warrants. This decision was made by the Board of Directors on July 25, 2025, and involves both 'Promoter Group' and 'Non-Promoter, Public Category' allottees. The allotment was made upon receiving ₹146.16 crore, which represents 75% of the issue price per warrant.
Changes in Paid-Up Equity Share Capital
Particulars
Before Allotment
After Allotment
Paid-up equity share capital
₹657,53,76,500 (comprising of 657,53,76,500 equity shares of ₹1/- each)
₹692,21,59,350 (comprising of 692,21,59,350 equity shares of ₹1/- each)
Details of Allotment
The conversion of warrants into equity shares was executed at an issue price of ₹56.20 per warrant. This price includes a premium of ₹4.62 per share, adjusted after the sub-division/split of the company's equity shares. The face value was split from ₹10 per share to ₹1 per share, effective from December 16, 2024.
Details of Allottees
Name of Allottee(s)
No. of Warrants applied for conversion
No. of equity shares allotted
Amount received (₹)
Balram Garg (HUF)
90,15,440
9,01,54,400
38,00,00,796.00
Unico Global Opportunities Fund Limited
1,19,68,671
11,96,86,710
50,44,79,482.65
Hawk Capital Pvt Ltd
58,12,574
5,81,25,740
24,49,99,994.10
Suresh Chand Garg HUF
11,90,000
1,19,00,000
5,01,58,500.00
Jitin Garg HUF
9,80,000
98,00,000
4,13,07,000.00
Priya Mittal
28,90,000
2,89,00,000
12,18,13,500.00
Sandeip S Nagar
14,91,600
1,49,16,000
6,28,70,940.00
Shyam Sunder Garg HUF
1,50,000
15,00,000
63,22,500.00
Dinesh Garg HUF
5,25,000
52,50,000
2,21,28,750.00
Shyam Sunder Garg
2,40,000
24,00,000
1,01,16,000.00
Shweta Mittal
2,15,000
21,50,000
90,62,250.00
Satish Kumar
2,00,000
20,00,000
84,30,000.00
Total
3,46,78,285
34,67,82,850
146,16,89,712.75
Impact on Shareholding
Following the allotment, the shareholding pattern has changed. The Promoter and Promoter Group now hold 39.38% of the shares, amounting to 272,56,79,480 shares, while the Public holds 60.62%, with 419,64,79,870 shares.
