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PC Jeweller’s board approved allotment of shares to Balram Garg, receiving Rs 41.24 crore
30-Jul-2026, 05:09
PC Jeweller Limited announced that its Board of Directors approved the allotment of 3,05,50,000 equity shares to Balram Garg, Promoter & Managing Director, upon conversion of an equal number of warrants, pursuant to the exercise of his right of conversion. The allotment, completed on July 30, 2026, involved a receipt of Rs 41,24,25,000, at a price of Rs 13.50 per warrant, and increased the company's paid-up equity share capital from Rs 9,71,05,34,855 to Rs 9,74,10,84,855.
PC Jeweller Limited announced that its Board of Directors approved the allotment of 3,05,50,000 equity shares to Balram Garg, Promoter & Managing Director, upon conversion of an equal number of warrants, pursuant to the exercise of his right of conversion. The allotment, completed on July 30, 2026, involved a receipt of Rs 41,24,25,000, at a price of Rs 13.50 per warrant, and increased the company's paid-up equity share capital from Rs 9,71,05,34,855 to Rs 9,74,10,84,855.