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PC Jeweller Ltd. ( (IN:PCJEWELLER) ) has shared an announcement.
PC Jeweller Ltd. has announced that there is no deviation or variation in the utilization of proceeds from its preferential issue of Fully Convertible Warrants, as confirmed by their audit committee. The funds raised have been allocated towards repayment of bank debts, working capital requirements, and general corporate purposes, with no significant changes in the original allocation plan. This announcement underscores the company’s adherence to its financial strategies and commitments, potentially reinforcing stakeholder confidence.
More about PC Jeweller Ltd.
PC Jeweller Ltd. is a company operating in the jewelry industry, primarily focusing on the design, manufacture, and sale of gold and diamond jewelry. The company caters to a diverse market, including both domestic and international customers, with a strong emphasis on quality and craftsmanship.
Average Trading Volume: 8,201,613
Technical Sentiment Signal: Strong Buy
Current Market Cap: 102.7B INR
Learn more about PCJEWELLER stock on TipRanks’ Stock Analysis page.