This multibagger jewelery stock to be in focus on Friday; Here’s why

Akshaya Tritiya 2025 gold offers discount jeweller 1745991704027 1748535852011

Pc jewellers share price: PC Jeweler’s Share Price will be in Focus during Friday’s Market Session after the Jeweler Announced on Thursday, May 29, that it has allotted 30.84 Lakh Fully Convertible WarQuity Shares. The Small-Cap Stock has Delivered Massive 1,100 per cent Multibagger returns to investors in the last five years. The stock has gained over 171 per cent in a year.

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Pc jeweler ltd has announced the conversion of 30.84 lakh full converted warrants into equity shares, resulting in the allotment of 3,08,42,400 equity shares of factor Re 1 Each Value Re 1 Each to a product Group Entity. This move has increased the paid-up equity share capital from 654.45 Crore to 657.54 Crore.

Pc jewellers allots 30.84 lakhs

“The board of directors of the company video a resolution passed by circulation on May 29, 2025 has allotted 3,08,42,400 equity shares of face value of re 1 each, on Conversion of 30,840 Warrants, to 1 ALLOTTEEE Belonging to ‘Promoter Group’, after adjusting the number of shares, paid-up value per share and premium per share post sub-division / split of face value of right values ​​of right shares of the company from 1 Equity Share of 10 Each to 10 Equity Shares of Re 1 Each Wef December 16, 2024, Upon Receipt of the Balance Amount AMAUNT AGGREGATING To 13,00,00,716 at the rate of 42.15 per warrant (being 75 per cent of the issue price per warnt) Pursuant to the exercise of their rights of conversion of warrants of warrants in equity shares in accordance with the provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, ”said pc jewellers.

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