Description

Listing of 13.61 crore equity shares issued on preferential basis pursuant to warrant conversion, effective December 4, 2025.

Summary

BSE has approved the listing of 13,61,24,000 new equity shares of PC JEWELLER LIMITED (Scrip Code: 534809) issued to Non-Promoters on a preferential basis pursuant to warrant conversion. The shares will commence trading from December 4, 2025, and are subject to a lock-in period until June 5, 2026.

Key Points

  • 13,61,24,000 equity shares of Rs. 1/- each issued at a premium of Rs. 4.62/-
  • Issued to Non-Promoters on preferential basis through warrant conversion
  • Trading commences on December 4, 2025
  • Issue price: Rs. 5.62/- per share
  • ISIN: INE785M01021
  • Distinctive Numbers: 6931944151 to 7068068150
  • Date of Allotment: September 9, 2025
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes. This is a standard listing procedure for preferential allotment.

Compliance Requirements

  • Trading members must note the new securities available for trading from December 4, 2025
  • Lock-in restrictions must be observed for the entire allotment until June 5, 2026
  • Allottees cannot transfer or trade these shares until the lock-in period expires

Important Dates

  • Allotment Date: September 9, 2025
  • Trading Commencement: December 4, 2025
  • Lock-in Expiry: June 5, 2026

Impact Assessment

Market Impact: The listing adds approximately 13.61 crore shares to the tradable universe of PC JEWELLER LIMITED after the lock-in period. The preferential allotment to Non-Promoters increases public shareholding.

Operational Impact: Trading members need to update their systems to reflect the increased share capital. The lock-in period provides stability by preventing immediate selling pressure.

Financial Impact: The company raised approximately Rs. 76.48 crore (13.61 crore shares × Rs. 5.62) through this warrant conversion, strengthening its capital base.

Impact Justification

Significant equity dilution of 13.61 crore shares but routine preferential allotment procedure with standard lock-in period