PC Jeweller Share Price Gains Over 2%; Achieves Debt Free Status After Discharging Outstanding Debt

PC Jeweller Limited, based in Karol Bagh, New Delhi, has announced its achievement of a debt-free status, as per the exchange filings on September 25, 2026.  

The company has successfully settled all outstanding debts with its lending banks, fulfilling the terms of a Settlement Agreement dated September 30, 2024. 

Debt Clearance Achieved by PC Jeweller 

On September 25, 2026, PC Jeweller reported the complete discharge of its debt obligations. The company settled dues across 14 consortium banks ahead of the agreed schedule, marking a significant milestone in its financial journey. 

This accomplishment was made possible by adhering to the explicit terms outlined in the Settlement Agreement from September 30, 2024. The company expressed its commitment to maintaining a robust financial position following this development. 

Impact on Balance Sheet 

The executive management of PC Jeweller stated that becoming debt-free will materially strengthen the company's balance sheet. This achievement is likely to optimise the overall financial position of the company. 

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Official Communication to Stock Exchanges 

PC Jeweller has formally communicated this development to the Listing Compliance Departments of both BSE Limited and the National Stock Exchange of India Limited in Mumbai. The company has requested these exchanges to take this material information on record. 

PC Jeweller Share Price Performance 

As of September 28, 2026, at 9:34 AM, PC Jeweller share price on NSE was trading at ₹14.41, up by 2.13% from the previous closing price. 

Conclusion 

PC Jeweller Limited has achieved a debt-free status by settling all obligations with 14 consortium banks ahead of schedule. This development, reported on September 25, 2026, strengthens the company's balance sheet and optimises its financial position. 

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