Allotment of equity shares upon conversion of Fully Convertible Warrants & consequential changes the paid-up share capital
FUNDRAISE
▲ Positive Development
LOW RISK
📅 Filed on BSE: 03 Aug 2026, 07:11 PM IST · BSE ID: 0cc4e172-3694-4020-b93e-c0b0deeabfcd
View Original BSE Filing (PDF)
💡
In Simple Terms
The company issued new shares to its promoter in exchange for convertible warrants, increasing its total share capital.
🤖 AI Summary
- PC Jeweller allotted 11,050,000 equity shares to promoter Balram Garg.
- Conversion of fully convertible warrants for ₹14,91,75,000.
- Issue price per warrant was ₹18, with ₹13.50 received as balance payment.
- Paid-up equity share capital increased to ₹975,21,34,855.
- Promoter holding increased to 38.76% post-allotment.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Equity Shares Allotted upon Warrant Conversion
1,10,50,000
Amount Received from Warrant Conversion
₹ 14,91,75,000
Issue Price per Warrant
₹ 18
Paid-up Equity Share Capital Before Allotment
₹ 974,10,84,855
Paid-up Equity Share Capital After Allotment
₹ 975,21,34,855
Promoter Shareholding Percentage Before
38.69%
Promoter Shareholding Percentage After
38.76%
🏢 How This Affects the Company
The conversion of warrants strengthens the company's equity base through promoter investment.
The company's paid-up equity share capital has increased by ₹11,05,00,000, raising ₹14,91,75,000 in cash. Promoter shareholding percentage has increased.
👥 What This Means For Shareholders
✅
Action Required
No action is required by shareholders regarding this allotment.
👤
Who Is Affected
All existing shareholders are affected by the consequential increase in the total number of equity shares and the slight shift in promoter shareholding percentage from 38.69% to 38.76%.
🔍
Management Signal
This action demonstrates management's intent to convert outstanding warrants and strengthen the company's capital structure through promoter participation.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Track conversion of remaining 55,622,222 warrants by promoter.
Monitor QIP plans announced on July 16, 2026.
Review future capital raising activities by the company.
LOW RISK
Standard capital infusion via promoter warrant conversion, no new material risks introduced.
💡 Investor Takeaway
PC Jeweller allotted 11,050,000 equity shares to promoter Balram Garg upon conversion of warrants for ₹14,91,75,000. Paid-up capital increased to ₹975,21,34,855.
⚖️ Strengths & Concerns
✅ Positives
- Promoter Balram Garg converted 11,050,000 warrants, bringing in ₹14,91,75,000 cash.
- Promoter holding increased by 0.07% to 38.76% post-warrant conversion.
⚠️ Concerns
- 55,622,222 warrants remain pending for conversion by the promoter.
- The conversion price of ₹18 per warrant is noted, while 75% of the balance amount was received.
📅 Company Track Record
PC Jeweller has previously engaged in significant capital raising, including a ₹2,512.77 Crore warrant conversion (43.58 crore shares) completed April 2026, and plans for a ₹1,000 crore QIP announced July 2026.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
How many equity shares did PC Jeweller allot upon warrant conversion?
PC Jeweller allotted 1,10,50,000 equity shares upon conversion of fully convertible warrants.
How much capital did PC Jeweller receive from this warrant conversion?
The company received ₹14,91,75,000 from the conversion of 1,10,50,000 warrants.
What is the new paid-up equity share capital of PC Jeweller after the allotment?
The paid-up equity share capital of PC Jeweller has increased to ₹975,21,34,855.
Who received the allotted equity shares from PC Jeweller's warrant conversion?
The 1,10,50,000 equity shares were allotted to Shri Balram Garg, Promoter & Managing Director.
How many warrants are still pending conversion by the promoter?
There are 5,56,22,222 warrants pending for conversion by Shri Balram Garg.
Questions based on this BSE filing only. For information purposes.