PC Jeweller Debt & Borrowing
PC Jeweller Limited has completed the clearance of all outstanding debt, with all associated mortgages, charges, securities, and guarantees now fully released.
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PC Jeweller Limited has completed the clearance of all outstanding debt, with all associated mortgages, charges, securities, and guarantees now fully released.
PC Jeweller Limited has received No Objection and No Dues certificates from all 14 consortium banks. This marks the successful clearance and repayment of its outstanding debts.
PC Jeweller repaid outstanding debt to its 13th of 14 consortium banks, reaching 98%+ total discharge. The company targets complete debt-free status within September 2026.
PC Jeweller Limited has cleared outstanding debt with one more consortium bank. The company has now repaid debt for 9 out of 14 consortium banks ahead of schedule.
PC Jeweller has successfully repaid all outstanding debt to two additional banks, bringing the total to seven consortium banks cleared. The company aims for debt-free status.
PC Jeweller successfully repaid outstanding debt to 4 out of 14 consortium banks. These debts were prepaid ahead of schedule to achieve debt-free status this quarter.
PC Jeweller repaid all outstanding debt to 2 of 14 consortium banks, advancing its debt-free goal. This marks a key milestone in its turnaround journey.
PC Jeweller Limited has reduced its outstanding bank debt by an additional 10% under its Joint Settlement Agreement. The company has now discharged over 90% of its bank debt since the agreement's execution. This progress reaffirms its commitment to achieving a debt-free status in the near future.
PC Jeweller Limited has reduced its outstanding bank debt by approximately 14% under a Joint Settlement Agreement. The repayment was funded through proceeds from the conversion of warrants into equity by promoter and public entities. This marks significant progress toward the company's goal of achieving debt-free status.