PC Jeweller allots 1.18 crore shares on warrant conversion to promoter

Warrants ConvertedFund Raising View source PDF Explain this filing

PCJEWELLER · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.2%Reaction day

₹14.44

prior close

₹14.61

announcement price

After-mkt

timing

Nifty Microcap 250market-1.5%+0.2% vs market

Gems Jewellery And Watches peers, median of 29sector-1.7%+0.4% vs sector

On the reaction day the stock moved 0.2 pts more than Nifty Microcap 250 and 0.4 pts more than its Gems Jewellery And Watches peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.5

10m

-1.2

15m

-0.8

30m

-1.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.2-1.5+0.2-1.7+0.4

Next day

-1.9-1.2-0.7-1.4-0.4

-6.3-2.8-3.5-3.4-2.9

-8.0-1.8-6.3-2.5-5.5

-8.6-2.0-6.6-3.0-5.6

-10.5-3.3-7.2-4.9-5.6

-10.3-2.0-8.3-4.1-6.2

15d

+12.0-3.9+16.0-1.8+13.9

+13.5-10.7+24.2-10.4+23.9

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UpDownMarket · Nifty Microcap 250Sector · Gems Jewellery And Watches peers, median of 29Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

PC Jeweller allotted 1,18,52,500 equity shares to Promoter and MD Balram Garg upon conversion of equal warrants at Rs 18 per share (Rs 17 premium). Balance amount of about Rs 16 crore (75%) was received. Paid-up capital rose from Rs 975.95 crore to Rs 977.14 crore. Promoter holding rose from 38.80% to 38.88%. About 3.63 crore warrants remain pending conversion.

Likely market impact

Minor dilution from promoter converting his own warrants. Promoter holding rose to 38.88%, showing continued promoter commitment to the company.