Update on Joint Settlement Agreement with Consortium Lenders
PC Jeweller announces that the handover of keys and inventory of showrooms in Karol Bagh and Noida, previously in the custody of DRAT, Delhi, has been completed on October 9, 2025.
The resolution of the matter and the return of inventory to the company's possession could have a moderate positive impact on the company's operations and financial stability.
The announcement conveys positive news regarding the completion of the handover of keys and inventory of the company's showrooms, indicating progress in resolving the matter with the Consortium Lenders.
* Debts Recovery Appellate Tribunal, Kolkata (holding additional charge of DRAT, Delhi) vide its order dated 7 Oct 25 allowed the Joint Application filed by the Company and the Consortium Lenders and have issued directions for handover of keys and inventory. * Handover of keys and inventory of the Company’s showrooms/ premises located at Karol Bagh (Delhi) and Noida (Uttar Pradesh) has been completed on 9 Oct 25. * The inventory that was earlier in custody of the DRAT, Delhi is now in the possession of the Company.
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PC Jeweller Limited filed this with the NSE as a statutory disclosure, categorised under litigation updates. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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