<ul data-eligibleForWebStory="false"><li>PC Jeweller Ltd. plans to raise nearly Rs 500 crore through a preferential allotment of equity shares and warrants on a private placement basis.</li><li>The company will issue up to 9.72 crore fully convertible warrants to its promoter group at Rs 18 per warrant, amounting to Rs 175 crore, and up to 18.05 crore equity shares to non-promoter public investors at the same price, aggregating to Rs 325 crore.</li><li>In line with the fundraise, PC Jeweller has increased its authorised share capital from Rs 1,260 crore to Rs 1,310 crore by creating an additional 50 crore equity shares.</li><li>The issue price for both warrants and shares is higher than the floor price as per SEBI regulations, and the allotment is subject to shareholder and regulatory approvals.</li></ul>

PC Jeweller To Raise Rs 500 Crore Via Preferential Allotment

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