Mumbai, Oct. 8 -- The company said it received remittances of approximately Rs 142 crore during Q2 FY27 from its outstanding export debtors.

During the quarter ended 30th September 2026, the company achieved a Debt Free status after successful repayment of outstanding debt of all the banks with all repayments completed ahead of the scheduled due dates. The company said the absence of bank debt will help reduce interest costs going forward, supporting its bottom line and strengthening its balance sheet.

The company also completed its fund raising of up to Rs 500 crore through a preferential issue of equity shares and warrants on 24 September 2026, following the conversion of all warrants allotted to promoter Balram Garg.

PC Jeweller is ...