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PC Jeweller repays over 96% of bank debt as promoter raises stake

PC Jeweller allotted 3.055 crore shares to promoter Balram Garg after conversion of warrants and receipt of ₹41.24 crore. The jewellery retailer has repaid over 96% of bank debt and aims to become fully debt-free this quarter.

Reported figures

From the report. Source details below

9.722 crore warrants allotted in September 2025
Less than 4% debt remains

Also in the report

  • ₹7,896.17 crore market capitalisation
  • 14-bank consortium; dues of 5 banks had been fully repaid
  • NSE share price ₹9.15 at 10:43 am

Other figures

  • ₹13.50 per warrant

The source

Source Read the source at Business Today

Published

Confirmed by Mint

First seen