Hot Pursuit     07-Dec-24
PC Jeweller board to approve preferential allotment on Dec 11
PC Jeweller informed that its board will meet on Wednesday, 11 December 2024, to approve the issuance of 5,17,11,462 equity shares by way of preferential allotment on private placement basis.
The company stated that it will allot shares to consortium lenders for settling part of their outstanding debts in terms of the joint settlement agreement dated 30 September 2024, subject to necessary regulatory, statutory, and other approval(s), if any.

PC Jeweller is one of the leading players in the gems and jewellery segment in India. It is engaged in the manufacture, retail, and export of gold, diamonds and studded jewellery.

The company reported consolidated net profit of Rs 178.88 crore in Q2 FY25 as compared with net loss of Rs 138.13 crore in Q2 FY24. Revenue from operations jumped 12.42% YoY to Rs 504.97 crore during the quarter.

The scrip closed 3.31% higher at Rs 171.75 on Friday, 6 December 2024.

Previous News
  PC Jeweller reports consolidated net loss of Rs 138.13 crore in the September 2023 quarter
 ( Results - Announcements 15-Nov-23   15:37 )
  Benchmarks pare losses; broader market outperforms; media shares decline
 ( Market Commentary - Mid-Session 09-Dec-24   11:35 )
  PC Jeweller standalone net profit declines 14.97% in the December 2018 quarter
 ( Results - Announcements 09-Feb-19   16:38 )
  PC Jeweller rallies as board to mull preferential allotment on Dec 11
 ( Hot Pursuit - 09-Dec-24   10:33 )
  PC Jeweller reports consolidated net loss of Rs 121.64 crore in the March 2024 quarter
 ( Results - Announcements 31-May-24   16:32 )
  PC Jeweller to hold board meeting
 ( Corporate News - 07-Feb-23   16:33 )
  PC Jeweller to conduct board meeting
 ( Corporate News - 19-Oct-22   14:41 )
  PC Jeweller to announce Quarterly Result
 ( Corporate News - 27-May-24   17:05 )
  PC Jeweller schedules board meeting
 ( Corporate News - 08-Aug-24   14:04 )
  PC Jeweller reports consolidated net loss of Rs 197.98 crore in the December 2023 quarter
 ( Results - Announcements 15-Feb-24   07:31 )
  PC Jeweller rallies after fixing record date for stock split
 ( Hot Pursuit - 29-Nov-24   10:27 )
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