PCJEWELLERBSEPC JEWELLER LTDMediumNeutral
Announced Fri, 24 Jul · 13:47 IST

Postal ballot: capital hike, Rs 1000 crore QIP, MD re-appointment

Board & Shareholder Meetings View source PDF

PCJEWELLER · price

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

Price reaction · full curve 14 horizons · vs prior close
-0.2%1-day move
₹9.39
prior close
₹9.27
base price
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+0.1+0.2+0.8+0.4-0.2-2.0
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AI summary

PC Jeweller seeks shareholder approval via postal ballot (e-voting July 25 to August 23, 2026) for three items: 1) raising authorised share capital from Rs 1,310 crore to Rs 1,460 crore, 2) raising up to Rs 1,000 crore through Qualified Institutions Placement to institutional buyers, and 3) re-appointment of Balram Garg as Managing Director for 5 years from July 1, 2026 at Rs 20 lakh per month with up to 20 percent annual increment.

Likely market impact

Potential equity dilution from Rs 1000 crore QIP to institutions; management continuity with founder MD for 5 more years; capital headroom for future fundraising.