PC Jeweller Reports Q2 FY26 Results, Pays ₹23,600 in Exchange Fines for Compliance Delays

2 min read     Updated on 11 Nov 2025, 06:53 PM
scanx
Reviewed by
Radhika SahaniScanX News Team
Overview

PC Jeweller Limited (PCJ) has released its unaudited financial results for Q2 and H1 FY26. The company faced compliance issues, receiving fines of ₹23,600 from BSE and NSE for delayed submission of voting results. PCJ acknowledged multiple compliance violations, including delays in board meeting intimation and late submission of reclassification application. The company has paid the fines and is working to improve its compliance procedures.

24412991

*this image is generated using AI for illustrative purposes only.

PC Jeweller Limited (PCJ), a leading Indian jewellery retailer, has reported its unaudited standalone and consolidated financial results for the quarter and six months ended September 30, 2025. The company has also addressed recent compliance issues with stock exchanges.

Financial Results

PCJ's Board of Directors approved the financial results for Q2 FY26. Specific financial figures were not provided in the update.

Compliance Issues and Fines

PCJ acknowledged and addressed several compliance-related matters:

  • The company received fines totaling ₹23,600 (₹11,800 each from BSE and NSE) for delayed submission of voting results.
  • The delay was related to a postal ballot notice dated July 10, 2025.
  • PCJ clarified that the one-day delay in submitting voting results in XBRL format was unintentional.
  • The company has paid both fines within the prescribed timeframe.

Multiple Compliance Violations

Exchange notices detailed several compliance issues faced by PC Jeweller:

  • Delays in board meeting intimation
  • Late submission of reclassification application
  • Delayed submission of voting results for August 2025

Management Response

The company's acknowledgment of the fines and prompt payment indicate their commitment to addressing these compliance issues.

Looking Ahead

As PC Jeweller works to improve its compliance procedures, investors and stakeholders may be watching to see how the company manages these regulatory challenges alongside its business operations.

The company's ability to maintain timely and accurate reporting may be crucial for maintaining investor confidence and meeting regulatory requirements in the future.

Historical Stock Returns for PC Jeweller

1 Day5 Days1 Month6 Months1 Year5 Years
-2.69%-5.48%-4.23%-7.30%-20.06%+622.50%
PC Jeweller
View in Depthredirect
like15
dislike

PC Jeweller Regains Full Control of Inventory Following Settlement with Lenders

1 min read     Updated on 11 Oct 2025, 06:13 PM
scanx
Reviewed by
Jubin VergheseScanX News Team
Overview

PC Jeweller Limited has successfully reclaimed all its inventory previously held by the Debt Recovery Appellate Tribunal (DRAT) following a joint settlement agreement with consortium lenders. The DRAT Kolkata approved a joint application on October 7, leading to the handover of keys and inventory for showrooms in South Extension and Kingsway Camp, Delhi, on October 10. The company now has complete control over all its inventory, with none remaining in DRAT Delhi's custody or any other authority's possession.

21732229

*this image is generated using AI for illustrative purposes only.

PC Jeweller Limited , a prominent player in the Indian jewelry market, has successfully regained possession of all its inventory previously held by the Debt Recovery Appellate Tribunal (DRAT). This development comes as a result of a joint settlement agreement between the company and its consortium lenders.

Key Developments

  • The Debt Recovery Appellate Tribunal, Kolkata, allowed a joint application filed by PC Jeweller and consortium lenders on October 7.
  • The handover of keys and inventory for showrooms in South Extension and Kingsway Camp, Delhi, was completed on October 10.
  • PC Jeweller now has full possession of all its inventory, with none remaining in custody of DRAT Delhi or any other authority.

Timeline of Events

Date Event
October 7 DRAT Kolkata approves joint application
October 10 Handover of keys and inventory completed
October 11 PC Jeweller confirms full possession of inventory

Implications for PC Jeweller

This development marks a significant milestone for PC Jeweller Limited. The regaining of full control over its inventory is likely to have positive implications for the company's operations and financial stability. With all showrooms and inventory back under its management, PC Jeweller can now focus on revitalizing its business operations and potentially improving its market position.

Management Statement

In an official communication to the stock exchanges, Vishan Deo, Executive Director (Finance) & CFO of PC Jeweller Limited, stated, "We are pleased to inform you that in compliance of the above mentioned order, the exercise of handover of keys and inventory of the Company's showrooms/ premises located at South Extension (Delhi) and Kingsway Camp (Delhi) has been completed on October 10. With this, the Company is now in possession of all its inventory and none of its inventory is now in the custody of DRAT, Delhi or any other authority."

Historical Stock Returns for PC Jeweller

1 Day5 Days1 Month6 Months1 Year5 Years
-2.69%-5.48%-4.23%-7.30%-20.06%+622.50%
PC Jeweller
View in Depthredirect
like17
dislike
More News on PC Jeweller
Explore Other Articles
11.56
-0.32
(-2.69%)