Archive · 31 Jul 2026
PC Jeweller Reaches Debt‑Free Goal, Shares Rise 3%
PC Jeweller is a jewelry company in India.
It has paid back most of the money it borrowed from banks, about 96%.
The company said it will finish paying all the money this quarter, so it will have no debt.
After this good news, its stock price went up about 3%.
PC Jeweller also gave new shares to its boss, Balram Garg, by turning special warrants into regular shares.
This made the company’s total money a little higher.
The company’s shares have gone up a lot in the last five years, but they have also fallen a lot in the past year.
The company wants to be stronger and safer for its investors.
PC Jeweller has repaid over 96% of its outstanding bank debt, aiming for debt‑free status this quarter.
The stock rebounded nearly 3% from its intraday low after the debt‑repayment announcement.
The company also allotted 3.05 crore equity shares to promoter Balram Garg via conversion of fully convertible warrants.
Paid‑up equity capital rose to ₹974.10 crore, with promoter holding 38.69% and public 61.31%.
PC Jeweller’s share price reached a 52‑week high of ₹16.11 in July 2025 and a low of ₹7.45 in March 2026.
- Who
- PC Jeweller and promoter Balram Garg
- What
- announced repayment of 96% of bank debt and share allotment
- When
- July 2026
- Where
- India, BSE
- Why
- to achieve debt‑free status and strengthen capital
- Company
- PC Jeweller
- Debt Repayment
- 96% of outstanding bank debt
- Target Debt‑Free Status
- Current quarter
- Share Allotment
- 3.05 crore equity shares to Balram Garg
- Paid‑up Capital
- ₹974.10 crore