Announced Tue, 4 Aug · 17:37 IST
Promoter Balram Garg converts warrants, stake rises to 21.37%
PCJEWELLER · price
▲ 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
-1.7%1-day move
₹9.84
prior close
₹9.87
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.8+1.0+0.7-1.7-1.1-0.7+0.9-0.7-1.6————
Up moveDown movePending
AI summary
Promoter Balram Garg raised his stake in PC Jeweller from 21.04% to 21.37% by converting 4.16 crore fully convertible warrants into equity shares. The conversion happened on 30 July and 3 August 2026 via preferential allotment after paying the balance 75% of the issue price. Total promoter group holding including PACs rose to 28.62% from 28.32%. The share capital increased to about 97.52 crore equity shares of Re 1 each.
Likely market impact
Signals promoter confidence via fresh capital infusion. Stake rise is modest and via warrant conversion, not open market buys. Promoter group remains below 50%.