Tue Dec 03 06:10:37 UTC 2024: ## PC Jeweller Announces 1:10 Stock Split, Boosting Accessibility for Retail Investors

**Mumbai, November 29, 2024** – PC Jeweller, a leading name in the jewellery sector, announced a 1:10 stock split, effective December 16, 2024. The move, approved by shareholders via postal ballot on November 21st and finalized by the board on November 28th, aims to increase market liquidity and make the company’s shares more accessible to retail investors.

The split will subdivide each ₹10 face value share into ten ₹1 face value shares. This is expected to lower the share price, encouraging participation from a wider investor base and potentially increasing trading volume. The company’s share price closed up 1.67% at ₹155.70 on the BSE on November 28th.

PC Jeweller’s strong performance, with a year-to-date share price increase exceeding 214% and a 12-month return over 450%, underpins this decision. The company views the split as a positive step reflecting confidence in its future growth and market position.

The announcement, made in compliance with SEBI regulations, was filed with the BSE and NSE. Investors holding PC Jeweller shares as of the record date, December 16th, 2024, will benefit from the split. The move is anticipated to attract both existing and prospective investors seeking value opportunities.

*Disclaimer: This news article is for informational purposes only and does not constitute investment advice.*

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