Stock to watch, March 29 -- PC Jewellers share price will remain in focus on Monday after the company announced allotment of shares on conversion of fully convertible warrants and consequential changes in the paid-up equity share capital.

The jewellery stock ended the Friday's trading session in red, closed 1.48% lower at Rs.8 apiece on NSE.

In an exchange filing on March 28, PC Jeweller said that the board has approved the allotment of 20,09,70,560 equity shares following the conversion of fully convertible warrants. The conversion included 2,00,97,056 warrants held by the promoter group and public shareholders, resulting in total fund mobilisation of Rs.84.70 crore.

The conversion was carried out upon receipt of the remaining subscri...