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PC Jeweller received Rs 131.25 crore converting warrants from promoter Balram Garg
21-Oct-2026, 07:16

PC Jeweller Limited reported no deviation or variation in the utilization of proceeds from its preferential issues of fully convertible warrants and equity shares for the quarter ended September 30, 2026. The company completed the conversion of 9,72,22,222 fully convertible warrants allotted to Balram Garg, a promoter and managing director, into an equal number of equity shares at an issue price of Rs 18 per share, receiving Rs 131.25 crore in the process.