PC Jeweller Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32
PCJEWELLER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
PC Jeweller Limited has submitted its quarterly statement confirming NO deviation or variation in the utilization of proceeds from preferential issues. During Q4 FY26 (ending March 31, 2026), the company allotted 132.01 crore equity shares upon conversion of Fully Convertible Warrants across six tranches, raising ₹556.43 crore. Of this, ₹481.24 crore was utilized during the quarter, leaving ₹75.33 crore in the Monitoring Account. The funds are being deployed as per stated objects: repayment of banker's outstanding debts, working capital requirements, general corporate purposes, and issue-related expenses. CARE Ratings Limited is the monitoring agency. No funds were raised or utilized under the second preferential issue (approved August 2025) during this quarter.
Shareholders can note that the company is on track with its stated utilization plans with no deviation reported. The continuous conversion of warrants into equity shares has been providing liquidity to the market, with ₹556.43 crore received in this quarter alone from warrant conversions.