PC Jeweller Limited has scheduled its 21st annual general meeting (AGM) for Wednesday, September 30, 2026. The meeting will be conducted through video conferencing or other audio-visual means to transact business for the financial year ended March 31, 2026.

Meeting Logistics

The company dispatched the notice of the AGM along with the annual report for FY26 electronically on September 7, 2026. These documents were sent to members whose email addresses are registered with depository participants, the company, or its registrar and transfer agent, KFin Technologies Limited. The documents are also available on the company website and stock exchange portals.

Shareholders holding shares in physical form who have not registered their email addresses are requested to do so using Form ISR-1 with KFin Technologies. Members holding shares in demat mode should register their email addresses with their respective depository participants.

E-Voting Details

The company is providing remote e-voting facilities through KFin Technologies. The voting window and eligibility criteria are detailed below:

Only members whose names appear in the register of members or list of beneficial owners as of the cut-off date are entitled to vote. Voting rights will be proportionate to the shareholding in paid-up equity capital as on that date. Members who cast votes via remote e-voting may attend the AGM but cannot vote again.

Book Closure and Share Transfers

The register of members and share transfer books will remain closed from Thursday, September 24, 2026, to Wednesday, September 30, 2026, inclusive. This closure facilitates the determination of shareholders eligible to attend and vote at the AGM.

Additionally, a special window for the transfer and dematerialization of physical shares is open from February 5, 2026, to February 4, 2027. This applies to investors who bought or sold physical shares before April 1, 2019, but did not log them for transfer or faced rejection due to documentation deficiencies.

PC Jeweller shareholders approved a special resolution to raise up to ₹1,000 crore through a Qualified Institutions Placement (QIP). The postal ballot results, disclosed on August 24, 2026, show the funding mandate received overwhelming support from investors.

The company also secured approval for an increase in authorized share capital and the reappointment of Balram Garg as Managing Director. All three resolutions were passed via remote e-voting conducted between July 25, 2026, and August 23, 2026.

Voting Results Overview

Shareholders holding equity shares as on July 10, 2026, were eligible to vote. The total paid-up equity share capital considered for voting was 856,95,57,885 shares. This figure excludes 114,09,76,970 shares allotted via Fully Convertible Warrants that were pending listing approvals.

Promoter vs Public Support

Promoter and promoter group entities voted unanimously in favor of all three resolutions. Public institutional investors also backed the QIP and capital increase mandates with 100% support. However, dissent was visible among public institutions regarding the Managing Director’s reappointment.

Key Voting Dynamics

• QIP Mandate: Received 34,35,27,33,61 votes in favor against 12,38,577 dissenting votes.
• Capital Increase: Secured 34,34,92,24,47 assent votes with only 12,45,914 votes against.
• MD Reappointment: Passed with 33,94,81,99,55 votes in favor. However, it faced significant opposition from public institutions, which cast 4,01,19,282 votes against the resolution compared to 5,49,18,680 in favor.

What the Numbers Show

While promoter support was absolute across all agenda items, the reappointment of Balram Garg revealed a divergence in sentiment among public institutional investors. These entities voted against the resolution at a rate of 42.21%, contrasting sharply with their unanimous support for the financial resolutions. Non-institutional public shareholders remained largely supportive, backing the MD’s reappointment by 93.78%.

The high participation rate, with approximately 40.10% of outstanding shares polled for the QIP resolution, indicates strong investor engagement in the company’s strategic capital raising plans.