Allotment of shares upon conversion of Fully Convertible Warrants and consequential changes in the paid-up share capital
FUNDRAISE
▲ Positive Development
LOW RISK
📅 Filed on BSE: 30 Jul 2026, 03:30 PM IST · BSE ID: 12548b30-c8fe-4d62-8e58-3ef461b10dd0
View Original BSE Filing (PDF)
💡
In Simple Terms
The company issued new shares to its promoter, Balram Garg, who paid ₹41.24 Crore to convert his warrants.
🤖 AI Summary
- PC Jeweller allotted 3,05,50,000 equity shares upon warrant conversion.
- Promoter Balram Garg converted warrants, raising ₹41,24,25,000.
- Paid-up equity share capital increased to ₹9,74,10,84,855.
- Promoter holding increased to 38.69% from 38.49%.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Equity Shares Allotted
3,05,50,000
Amount Received
₹ 41,24,25,000
New Paid-up Equity Share Capital
₹ 9,74,10,84,855
New Paid-up Equity Shares
9,74,10,84,855
Promoter Holding (Post Allotment)
38.69%
🏢 How This Affects the Company
The conversion of warrants has increased the company's paid-up equity share capital by ₹41,24,25,000, strengthening its equity base.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders.
👤
Who Is Affected
All existing shareholders are affected by the dilution of their percentage ownership due to the issuance of new equity shares. Promoter holding increased from 38.49% to 38.69%.
🔍
Management Signal
This indicates management's commitment to capital raising and strengthening the company's financial position through promoter participation.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Company's next quarterly results for financial performance updates.
Any further announcements regarding QIP or other fundraising plans.
Subsequent events related to promoter shareholding adjustments.
LOW RISK
Routine capital raising event through warrant conversion; no new significant risks identified.
💡 Investor Takeaway
PC Jeweller raised ₹41,24,25,000 through promoter Balram Garg's conversion of 3,05,50,000 warrants, increasing paid-up capital to ₹9,74,10,84,855 and promoter holding to 38.69%.
⚖️ Strengths & Concerns
✅ Positives
- Company received ₹41,24,25,000 in cash from promoter warrant conversion.
- Promoter's equity stake increased to 38.69% post-allotment.
⚠️ Concerns
- Original warrant allotment was for 9,72,22,222; only 3,05,50,000 converted.
- Promoter received shares at an issue price of ₹18 per share, including ₹17 premium.
📅 Company Track Record
PC Jeweller had previously planned a Rs. 1,000 crore QIP and Rs. 1,460 crore capital hike. In April 2026, it converted 4.49 crore warrants, raising ₹2,512.77 crore.
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 3,05,50,000 equity shares upon the conversion of Fully Convertible Warrants.
How much money did PC Jeweller receive from this warrant conversion?
The company received ₹41,24,25,000 from the conversion of 3,05,50,000 warrants by promoter Balram Garg.
What is PC Jeweller's new paid-up equity share capital after the allotment?
The paid-up equity share capital of PC Jeweller has increased to ₹9,74,10,84,855.
How did this allotment affect promoter Balram Garg's shareholding?
Promoter Balram Garg's shareholding increased to 38.69% from 38.49% after the allotment of 3,05,50,000 equity shares.
What was the issue price per warrant for this conversion?
The issue price for the warrants converted was ₹18 per warrant, with ₹13.50 per warrant being the balance amount received.
Questions based on this BSE filing only. For information purposes.