New Delhi, Sept. 10 -- PC Jeweller share price is in focus on Wednesday, September 10 after the compny informed the exchanges that its Board of Directors approved the allotment of 13.61 crore equity shares (face value Rs.1 each) to three allottees under the 'Non-Promoter, Public Category' including Mauritius-based FII Unico Global Opportunities Fund.
These shares were issued upon the conversion of 1.36 crore fully convertible warrants that had been previously allotted through a preferential issue on a private placement basis.
The conversion price per share was Rs.42.15, which included 75 percent of the issue price payable at the time of conversion. The company received a total of Rs.573.76 crore from this exercise. The conversion price ...
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