PC Jeweller Ltd

Meeting Details

• Board meeting on October 21, 2026; time and venue not disclosed.

Key Agenda Items

• To consider and approve unaudited standalone and consolidated results for Q2 and H1 ended Sep 30, 2026.

AGM Details

• 21st AGM held Sept 30, 2026 at 11:00 AM IST via VC/OAVM
• Voting rights cut-off date: Sept 23, 2026
• Remote e-voting: Sept 27–29, 2026; e-voting at AGM
• Scrutinizer appointed: Ramit Rastogi, Practicing Company Secretary
• Agency for e-voting: KFin Technologies Limited
• Results will be announced within 2 working days

Resolutions

• Resolution 1: Ordinary — adopt standalone and consolidated financials for 2025-26
• Resolution 2: Ordinary — re-appoint Vishan Deo as Director on rotation

Voting & Results

• Results for both resolutions to be announced within two working days

Director Changes

• Shri Vishan Deo to be re-appointed as Director on rotation

Auditors

• Statutory Auditors attended AGM; no new appointments announced

Corporate Actions & Updates

• Debt-free status declared after debt repayments
• Fund-raising via warrants completed; promoter contributions
• Additional equity/warrant fund-raising completed; promoter contribution
• MoUs with NSDC and UP government for franchise model
• Plan to establish up to 100 showrooms in 12-18 months
• Youth-focused jewellery brand planned
• Subsidiary in Chad for mining operations

Directors: appointments & initial resignations

• Soumil Garg appointed Additional Director, effective 01 Oct 2026.
• Soumil Garg appointed Whole-time Director for five years.
• Appointment subject to members' approval within three months.
• Soumil Garg is son of Balram Garg, Promoter & MD.
• Soumil Garg not debarred from Directorship.
• Soumil Garg liable to retire by rotation.

Directors: resignations & ceased roles

• Shri Ramesh Kumar Sharma resigned as Director, effective 01 Oct 2026.
• Ceases as Whole-time Director.
• Ceases as Chair/Member of Stakeholders Relationship Committee.
• Ceases as Member of Risk Management Committee.
• Ceases as Member of Corporate Social Responsibility Committee.
• Ceases as Member of Management & Finance Committee.
• Ceases as Nodal Officer.

Senior management: new appointments

• Vishan Deo, Executive Director (Finance) & CFO, appointed Nodal Officer.
• Kumar Deoratan Singh appointed Chief Technical Officer from Oct 01 2026.
• Pawandeep Kaur appointed President (Business Development) from Oct 01 2026.
• Vivek Jain resigned as Chief Information Officer, effective Oct 01 2026.
• Kuldeep Singh resigned as President (Accounts), effective Oct 01 2026.

Committee reconstitutions

• Soumil Garg inducted as Member of Stakeholders Relationship Committee from Oct 01, 2026.
• Vishan Deo inducted as Member of Risk Management Committee from Oct 01, 2026.
• Vishan Deo inducted as CSR Committee Member; Balram Garg named Chair from Oct 01, 2026.
• Soumil Garg inducted as Member of Management & Finance Committee from Oct 01, 2026.

PC Jeweller Limited trading window closed from October 01, 2026 in view of consideration and approval of un-audited financial results for the quarter and six months ending September 30, 2026

Directorate changes

• Soumil Garg appointed Additional Director and Whole-time Director from 01-Oct-2026 for 5 years, subject to member approval.
• Ramesh Kumar Sharma resigns as Director and Whole-time Director, effective 01-Oct-2026.
• Soumil Garg not debarred from holding director office by SEBI.
• Appointment subject to member approval at next general meeting or postal ballot within 3 months.

Committee reconstitutions

• SR Committee reconstituted with Soumil Garg as Member from 01-Oct-2026.
• Risk Management Committee reconstituted with Vishan Deo as Member from 01-Oct-2026.
• CSR Committee reconstituted; Vishan Deo as Member; Balram Garg as Chair from 01-Oct-2026.
• Management & Finance Committee reconstituted with Soumil Garg as Member from 01-Oct-2026.

Senior management appointments and exits

• Vishan Deo appointed Nodal Officer for verification of IEPF claims.
• Kumar Deoratan Singh appointed Chief Technical Officer from 01-Oct-2026.
• Pawandeep Kaur appointed President (Business Development) from 01-Oct-2026.
• Vivek Jain resigned as Chief Information Officer from 01-Oct-2026.
• Kuldeep Singh resigned as President (Accounts) from 01-Oct-2026.

Debt clearance update

• The company has received No Objection cum No Dues cum Release Letter from all 14 consortium banks.

Transaction details

• Target Company: PC Jeweller Limited.
• Disclosing Party: Balram Garg (PROMOTER) with PACs Pooja Garg and Balram Garg (HUF).
• Transaction Type: Preferential allotment via conversion of Fully Convertible Warrants.
• Pre-holding: Balram Garg (HUF) 350,840,000; Balram Garg 2,084,421,000; Pooja Garg 356,204,000 shares.
• Transaction Details: 55,622,222 voting shares acquired; 0.57% of diluted capital.
• Mode: Preferential allotment through Warrant conversion on 24/09/2026.
• Date: 24/09/2026.
• Post-holding: Balram Garg (HUF) 350,840,000; Balram Garg 2,140,043,222; Pooja Garg 356,204,000 shares.
• Share Capital Context: Before Rs 9,752,134,855; After Rs 9,807,757,077.
• Total diluted capital after: Rs 9,807,757,077.

Debt-Free Status

• Discharged remaining debt to 14 banks under the Settlement Agreement dated 30 September 2024; debt-free status achieved.

Capital / Securities

• 3,63,62,222 equity shares allotted on conversion of 9,72,22,222 warrants.
• Paid-up capital increases from ₹977,13,94,855 to ₹980,77,57,077.