PC Jeweller approves share allotment and expands into mining

PC Jeweller Ltd approved 10,72,37,000 equity shares allotment following warrant conversion, totaling approximately ₹45.20 crore. Paid-up capital increased to ₹801.68 crore, with public shareholding at 59.61%. Strategically, PCJ Mining SARL was incorporated in Chad with a 66% controlling stake, focusing on upstream supply chain exploration and refining of precious metal ores.