Description

PC Jeweller Limited lists 7.81 crore equity shares issued on preferential basis pursuant to warrant conversion, effective January 21, 2026.

Summary

BSE has approved the listing of 7,81,14,890 equity shares of PC Jeweller Limited (Scrip Code: 534809) with effect from Wednesday, January 21, 2026. These shares were issued to non-promoters on a preferential basis pursuant to conversion of warrants at an issue price of Rs. 5.62 per share (face value Rs. 1 plus premium of Rs. 4.62). The new shares rank pari-passu with existing equity shares and are subject to a lock-in period until July 22, 2026.

Key Points

  • 7,81,14,890 new equity shares listed and permitted to trade from January 21, 2026
  • Face value: Rs. 1 per share
  • Issue price: Rs. 5.62 per share (including premium of Rs. 4.62)
  • Allotment date: October 18, 2025
  • Issued to non-promoters on preferential basis
  • Shares issued pursuant to conversion of warrants
  • Distinctive numbers: 7248623706 to 7326738595
  • ISIN: INE785M01021
  • New shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

Trading members must note the listing of these new securities and the applicable lock-in restrictions when processing trades.

Important Dates

  • Allotment Date: October 18, 2025
  • Trading Commencement: January 21, 2026
  • Lock-in Expiry: July 22, 2026 (for all 7,81,14,890 shares)

Impact Assessment

The listing represents significant equity dilution through preferential allotment to non-promoters. The approximately 7.81 crore shares will be locked-in until July 22, 2026, restricting their tradability for six months post-listing. Investors should note the warrant conversion mechanism and the substantial increase in share capital. The issue price of Rs. 5.62 per share indicates the valuation at which non-promoter investors participated in this preferential allotment.

Impact Justification

Significant dilution of 7.81 crore shares with lock-in period until July 2026, issued to non-promoters on preferential basis