“…1 (One) equity share having face value of ₹10 (Rupees Ten Only) each, fully paid-up, (will) be sub-divided / split into 10 equity shares having face value of ₹1,” PC Jeweller said in a regulatory filing.
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On September 10, PC Jeweller said it had received a refund of ₹67.54 crore from the Income Tax Department. “The company is pleased to advise regarding receiving a refund of ₹67.54 crore from the Income Tax Department, which stands credited to its account on September 06th, 2024 (sic),” according to a stock exchange filing.
In July, PC Jeweller said that Punjab National Bank had approved a one-time settlement of its outstanding dues. PC Jeweller stated, “Punjab National Bank, the third largest bank after State Bank of India amongst consortium banks of the company in terms of its exposure, has conveyed its approval to the one-time settlement (OTS) proposal submitted by the company.”
Shares of PC Jeweller Ltd ended at ₹155.70, up by ₹2.55, or 1.67% on the BSE.
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