PC Jeweller Limited has successfully raised ₹2,702.11 crore by allotting 36.58 crore fully convertible warrants to 114 allottees, including promoter group members and public investors, priced at ₹56.20 each. The allotment follows the company’s recent preferential issue of 48.13 crore warrants, which was almost fully subscribed. Each warrant is convertible into one equity share, with the allotment requiring a 25% upfront payment and the remaining 75% due within 18 months. The capital raised will support PC Jeweller’s strategic growth initiatives.
