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PC Jeweller Shares Rise as Board Approves Debt Settlement with Banks

Unknown Apr 02, 2026 2 Views
PC Jeweller Shares Rise as Board Approves Debt Settlement with Banks
PC Jeweller's board has approved the allotment of 51.71 crore shares to a consortium of 14 banks to settle ₹1,510 crore in debt. The shares were issued at ₹29.20 each, increasing the company's paid-up equity capital from ₹583.8 crore to ₹635.5 crore. Despite the stock closing 4.16% lower...
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