This company now in possession of all its inventory, stock to be in focus: Details here
PC Jeweller, based in Delhi, has informed stock exchanges about a joint settlement agreement with its consortium of lenders. The company stated that the Debts Recovery Appellate Tribunal (DRAT) in Delhi has accepted the joint application filed by both parties. The tribunal has issued directions for the handover of keys and the inventory of all showrooms and premises that were previously in the custody of the company.
“We are pleased to announce that in compliance with the aforementioned order, the handover of keys and inventory for the Company’s showrooms and premises located in South Extension and Kingsway Camp, both in Delhi, has been successfully completed on October 10, 2025,” the company said.
With this, the company is now in possession of all its inventory and none of its inventory is now in the custody of DRAT, Delhi or any other authority. As a result, the shares of the company are expected to be in focus. The stock today opened at Rs 12.92 against the previous close of Rs 12.90. Amid profit booking, the stock touched the low of Rs 12.43. The 52-week high of the stock is Rs 19.65.
PC Jeweller Ltd on recently said its revenue grew about 63 per cent year-on-year in the second quarter of this fiscal on better demand for gold jewellery during the festive season.
Delhi-based PC Jeweller, which has 52 showrooms, of which 49 are company-owned, further reduced its debt by 23 per cent during the latest September quarter.
In a regulatory filing, Delhi-based PC Jeweller shared operational update for the July-September quarter of the 2025-26 fiscal.
The company informed that it has posted a strong performance in the July-September period, driven by strong consumer demand during the ongoing festive season.
The company achieved “standalone revenue growth of approximately 63 per cent compared to the corresponding quarter of the previous financial year”, it added.
During the quarter, the company expanded its retail presence by opening a franchise-owned showroom in Pitampura, Delhi.
To expand business, the company has adopted a strategy of balanced growth through a mix of company-owned and franchise showrooms.
With PTI inputs
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