2 Min Read PC Jeweller Ltd's board has approved a proposal to raise up to ₹1,000 crore through a qualified institutions placement (QIP) in one or more tranches, while also approving an increase in the company's authorised share capital, subject to shareholder and regulatory approvals. The company plans to increase its authorised share capital from ₹1,310 crore to ₹1,460 crore by creating an additional 150 crore equity shares of face value ₹1 each.
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