PC Jeweller Limited’s stock split, where 1 equity share of ₹10 face value will split into 10 equity shares of ₹1 face value, takes effect on December 16, 2024. Here are the key points summarized for clarity:

Stock Split Details:
- Split Ratio: 1:10
- Ex-Date: December 16, 2024
- Record Date: December 16, 2024
- Reason: To enhance liquidity and make shares more accessible to retail investors.
Impact on Investors:
- Eligibility: Only shareholders who purchased shares on or before December 15, 2024 (T+1 settlement cycle), will be eligible for the split.
- Face Value Adjustment: Post-split, the face value of the share will reduce from ₹10 to ₹1.
- Holding Quantity: Investors’ shareholding will increase 10 times, but the stock price will adjust proportionately.
PC Jeweller Stock Performance:
- 2024 Performance: 247.17% gains year-to-date
- Current Price: ₹174.80 (as of last close)
- 52-Week High: ₹186.80
- 52-Week Low: ₹32.27
- PC Jeweller’s board approved the issuance of 5,17,11,462 equity shares to a consortium of major banks (SBI, PNB, Axis Bank, Kotak Mahindra Bank, etc.), categorized under “Non-Promoter, Public Category.”
This split and capital issuance signify PC Jeweller’s effort to improve market liquidity, restructure its equity base, and facilitate greater participation by both retail investors and institutional lenders.
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