PC Jeweller Share Price Gains Over 4% as It Clears Over 98% of Banking Liabilities

PC Jeweller Limited has made strides in clearing its outstanding debts and restructuring its equity.  

As of September 22, 2026, the company has successfully settled more than 98% of its banking liabilities and has issued new equity shares to its Managing Director, as per the exchange filings. 

Debt Settlement Progress 

PC Jeweller Limited has reported the successful clearance of its financial obligations with 1 additional bank, as per their Settlement Agreement dated September 30, 2024.  

This achievement marks the resolution of liabilities with 12 out of 14 consortium banks, all settled ahead of schedule. 

With over 98% of its historical banking liabilities discharged, the company plans to settle the remaining less than 2% within the current month. This move is expected to bolster its balance sheet and enhance long-term liquidity. 

Equity Share Allotment 

On September 22, 2026, PC Jeweller announced the allotment of 74,07,500 fresh equity shares to Managing Director Shri Balram Garg. This issuance follows the execution of convertible warrants and involves a cash receipt of ₹10,00,01,250, equating to ₹10.00 crore. 

Read More: PB Fintech Share Price Falls Over 3%: Approves Acquisition of Remaining 20% Stake in MyLoancare! 

Impact on Shareholding and Capital Structure 

The allotment has led to a slight shift in the company's shareholding pattern. The promoters and promoter group holdings have increased from 38.76% to 38.80%, while public shareholding has decreased from 61.24% to 61.20%.  

The total paid-up equity share capital has risen from ₹975,21,34,855 to ₹975,95,42,355 (₹975.95 crore). 

PC Jeweller Share Price Performance 

As of September 22, 2026, at 1:50 PM, PC Jeweller share price on NSE was trading at ₹13.42 up by 4.93% from the previous closing price. 

Conclusion 

PC Jeweller Limited has cleared over 98% of its banking liabilities and issued 74,07,500 equity shares to its Managing Director. The company's total paid-up equity share capital now stands at ₹975.95 crore, with promoter holdings at 38.80% and public holdings at 61.20%. 

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