BSE has notified trading members that 10,72,37,000 new equity shares of PC Jeweller Limited (Scrip Code: 534809) are listed and permitted to trade on the Exchange effective Tuesday, April 21, 2026. These shares were issued on a preferential basis to non-promoters pursuant to conversion of warrants at an issue price of Rs. 5.62/- per share.

Key Points

• 10,72,37,000 equity shares of Rs. 1/- each issued at a premium of Rs. 4.62/- per share
• Issued to non-promoters on a preferential basis via conversion of warrants
• New shares rank pari-passu with existing equity shares
• ISIN: INE785M01021
• Distribution numbers: 7909513456 to 8016750455
• All 10,72,37,000 shares are subject to lock-in until October 23, 2026

Regulatory Changes

No new regulatory changes introduced. This is a standard listing notification under BSE’s listing operations framework for newly allotted securities.

Compliance Requirements

• Trading members are informed to update their systems to permit trading of these new securities from April 21, 2026
• Lock-in restrictions apply to all 10,72,37,000 shares (dist. nos. 7909513456–8016750455) until October 23, 2026; these shares cannot be traded until the lock-in period expires

Important Dates

• Date of Allotment: February 24, 2026
• Effective Trading Date: April 21, 2026
• Lock-in Expiry: October 23, 2026

Impact Assessment

The listing adds approximately 10.72 crore equity shares to PC Jeweller Limited’s tradeable float, though the full impact on market liquidity is deferred as all newly listed shares are locked in until October 23, 2026. The issue price of Rs. 5.62/- (face value Rs. 1/- + premium Rs. 4.62/-) serves as a reference point for market valuation. Post lock-in expiry, the release of these shares could exert downward pressure on the stock depending on prevailing market conditions.