New Delhi, Sept. 3 -- Shares of PC Jeweller are likely to attract investor attention during Friday's trading session, September 4, after the company provided a key update on its efforts to become debt-free.

In a post-market exchange filing on Thursday, the company said it had further reduced its outstanding debt and remains on track to achieve debt-free status during the current month. PC Jeweller said it has successfully cleared and repaid all outstanding debt under the terms of its settlement agreement dated September 30, 2024, with one more bank.

With the latest repayment, the company said it has now cleared all outstanding dues to nine of the 14 consortium banks, with all repayments completed ahead of their scheduled due dates. The ...