Description
BSE announces listing of 18,05,55,555 new equity shares of PC Jeweller Limited issued on preferential basis to non-promoters, effective December 5, 2025.
Summary
BSE has approved the listing of 18,05,55,555 new equity shares of PC Jeweller Limited (Scrip Code: 534809) issued on preferential basis to non-promoters. The shares will be available for trading from December 5, 2025, with a lock-in period extending until June 8, 2026.
Key Points
- Total shares issued: 18,05,55,555 equity shares of Re. 1/- each
- Issue price: Rs. 18/- per share (Rs. 17/- premium)
- Issued to: Non-promoters on preferential basis
- Distribution numbers: 7068068151 to 7248623705
- Shares rank pari-passu with existing equity shares
- ISIN: INE785M01021
- Scrip Code: 534809
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members are informed about the new securities listing
- All newly issued shares are subject to mandatory lock-in requirements
- Shares must remain locked-in until June 8, 2026
Important Dates
- Allotment Date: September 18, 2025
- Trading Start Date: December 5, 2025
- Lock-in Expiry: June 8, 2026
Impact Assessment
Market Impact: This preferential allotment significantly increases PC Jeweller’s equity base. The issuance to non-promoters at Rs. 18/- per share may impact existing shareholder value through dilution. The nine-month lock-in period prevents immediate selling pressure but represents a substantial overhang once the lock-in expires in June 2026.
Liquidity: The shares will be tradable from December 5, 2025, but the complete set of newly issued shares remains locked until mid-2026, limiting immediate free float expansion.
Impact Justification
Substantial preferential issue representing significant dilution for existing shareholders with shares locked-in until June 2026