PC Jeweller Executes MoU with NSDC for 2 Lakh Entrepreneur Training Program

1 min read     Updated on 28 Mar 2026, 07:29 AM
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Radhika SScanX News Team
AI Summary

PC Jeweller has officially executed a Memorandum of Understanding with National Skill Development Corporation under SEBI Regulation 30, becoming the exclusive Industry/Franchise Partner for gems and jewellery sector under National Entrepreneurship Drive. The partnership aims to develop and onboard up to 2,00,000 micro-entrepreneurs over five years under PC Jeweller brand while providing the company strategic retail expansion opportunities.

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PC Jeweller has officially executed a Memorandum of Understanding with the National Skill Development Corporation (NSDC) on March 26, 2026, under Regulation 30 of SEBI listing requirements. The company has been selected as the Industry/Franchise Partner for the Gems & Jewellery Sector under the National Entrepreneurship Drive, marking a significant milestone in India's skill development ecosystem.

Official Partnership Framework

The MoU was formalized with NSDC under the Ministry of Skill Development & Entrepreneurship, Government of India, positioning PC Jeweller as the lead partner for the gems and jewellery sector. This strategic alliance is part of a nation-building initiative spanning across 15 sectors, with dedicated industry partners identified for each sector to ensure scalability and impact.

Partnership Details: Specifications
MoU Execution Date: March 26, 2026
Training Target: Up to 2,00,000 micro-entrepreneurs
Implementation Period: 5 years
Sector Focus: Gems & Jewellery
Brand Framework: PC Jeweller Brand
Regulatory Compliance: SEBI Regulation 30

National Entrepreneurship Drive Initiative

The National Entrepreneurship Drive represents a comprehensive approach to employment generation and local economic development through entrepreneur creation across India. PC Jeweller's selection as the exclusive Industry/Franchise Partner for the gems and jewellery sector demonstrates the company's leadership position and expertise in this specialized industry segment.

Business Expansion Opportunity

Beyond skill development objectives, this partnership provides PC Jeweller with a strategic opportunity to expand its retail footprint across India. The initiative combines entrepreneurship development with brand expansion, creating a dual benefit structure that supports both national skill development goals and the company's business growth objectives.

Implementation Structure

The five-year implementation timeline allows for systematic development and onboarding of micro-entrepreneurs under the PC Jeweller brand. This structured approach ensures comprehensive training delivery while building a sustainable entrepreneur network in the gems and jewellery sector, contributing to the overall growth of this important industry segment in India.

Historical Stock Returns for PC Jeweller

1 Day5 Days1 Month6 Months1 Year5 Years
-1.85%-6.46%-20.85%-40.70%-38.79%+196.28%

How will PC Jeweller's financial performance be impacted by the investment required to train 2,00,000 micro-entrepreneurs over the next five years?

What competitive advantages might PC Jeweller gain over other jewellery retailers through this exclusive government partnership?

Could this partnership model be replicated by PC Jeweller in other countries to accelerate international expansion?

PC Jeweller Limited Announces Special Window for Physical Share Transfer and Dematerialisation

2 min read     Updated on 27 Mar 2026, 06:29 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

PC Jeweller Limited announced a special window from February 5, 2026 to February 4, 2027 for transfer and dematerialisation of physical shares executed prior to April 1, 2019, following SEBI circular dated January 30, 2026. Transferred shares will be credited only in demat mode with one-year lock-in period.

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PC Jeweller Limited has announced the opening of a special window for transfer and dematerialisation of physical shares, following regulatory guidelines from the Securities and Exchange Board of India (SEBI). The company published this announcement in Financial Express (English) and Jansatta (Hindi) newspapers on March 27, 2026.

Special Window Details

The special window has been opened for a period of one year from February 5, 2026 to February 4, 2027, as per SEBI Circular No. HO/38/13/11/2026-MIRSD-POD-II/3750/2026 dated January 30, 2026. This facility is available for investors who had sold or purchased physical shares of the company prior to April 1, 2019.

Parameter: Details
Window Period: February 5, 2026 to February 4, 2027
Applicable For: Shares executed prior to April 1, 2019
Transfer Mode: Demat only
Lock-in Period: One year from registration date

Eligibility Criteria

The company has provided a clear matrix to determine eligibility for the special window:

Execution Date: Previously Lodged: Original Certificate Available: Eligible:
Before April 1, 2019 No (fresh lodgement) Yes ✓
Before April 1, 2019 Yes (rejected/returned earlier) Yes ✓
Before April 1, 2019 Yes No ✗
Before April 1, 2019 No No ✗

Transfer Requirements

Requests will only be considered if accompanied by:

  • Original share certificates
  • Transfer deeds executed prior to April 1, 2019
  • Supporting documents as per SEBI Circular

The shares transferred pursuant to this special window will be mandatorily credited to the transferee only in demat mode and will be under lock-in for a period of one year from the date of registration of transfer. During the lock-in period, such shares cannot be transferred, lien-marked, or pledged.

Exclusions

Certain cases will not be considered under this special window:

  • Cases involving disputes between transferor and transferee
  • Shares transferred to Investor Education and Protection Fund (IEPF)

Contact Information

Investors wishing to avail of this special window may contact the company's Registrar & Transfer Agent, KFin Technologies Limited at Selenium Tower B, Plot No. 31 & 32, Financial District, Nanakramguda, Serilingampally Mandal, Hyderabad-500032 (Telangana). The company has also provided toll-free number 1800-309-4001 for assistance.

The SEBI Circular is available on the company's website for detailed reference. Shareholders are requested to update their KYC details with KFintech or Depository Participants.

Historical Stock Returns for PC Jeweller

1 Day5 Days1 Month6 Months1 Year5 Years
-1.85%-6.46%-20.85%-40.70%-38.79%+196.28%

Will SEBI extend similar special windows to other companies with pending physical share transfers, potentially creating industry-wide digitization momentum?

How might the one-year lock-in period affect PC Jeweller's stock liquidity and trading volumes once transferred shares enter the market?

Could this dematerialization drive signal PC Jeweller's preparation for major corporate actions like rights issues or mergers in the near term?

More News on PC Jeweller

1 Year Returns:-38.79%