Friday 13 Jun, 2025 08:35 AM
Site map | Locate Us | Login
   SG Mart forays into renewable energy sector with launch of APL Apollo SunSteel    Maithan Alloys acquires minority stake in GAIL (India) for Rs 12 cr    Kay Cee Energy & Infra hits the roof on securing Rs 28 cr transmission order from RVPN    C.E. Info Systems Ltd leads losers in 'A' group    C E Info Systems slumps after block deal    Ashoka Buildcon tumbles as GST notice triggers search & seizure operation    Cinevista Ltd leads losers in 'B' group    Happiest Minds appoints Anand Balakrishnan as chief financial officer    Crisil Ratings reaffirms ratings of Ratnamani Metals at 'AA/A1+' with 'stable' outlook    Volumes spurt at RHI Magnesita India Ltd counter    NTPC's North Karanpura project completes trial operations of unit-3    Dr Reddys Laboratories Ltd up for third consecutive session    Ipca Laboratories Ltd soars 1.25%, Gains for third straight session    Oil & Natural Gas Corpn Ltd spurts 0.72%, rises for fifth straight session    Oil India Ltd spurts 1.57%, gains for five straight sessions 
Saravan Stocks
       
Hot Pursuit
Scrips, which has significant changes during the market hours.
PC Jeweller soars after SBI approves debt settlement
14-Mar-24   13:20 Hrs IST

State Bank of India (SBI) has agreed to a one-time settlement (OTS) proposal from PC Jeweller to resolve their outstanding debt. The agreement includes a combination of cash payment, issuing shares (equity component), and releasing collateral that PC Jeweller had pledged for the loan.

Earlier this month, PC Jeweller received a show cause notice (SCN) from the Securities and Exchange Board of India (SEBI) for allegedly not properly disclosing information about their loans turning bad (NPA), ongoing legal cases, and debt resolution plans. The company claimed they have already been transparent in their quarterly reports and presentations, so the notice should not significantly impact them. They are exploring a settlement option with SEBI and seeking legal advice.

PC Jeweller (PCJ) is one of the leading players in the gems and jewellery segment in India. PCJ, with its headquarters in Delhi, is engaged in the manufacture, retail and export of gold, diamond and studded jewellery.

The company reported consolidated net loss of Rs 197.98 crore in Q3 FY24 as compared with net loss of Rs 61.12 crore recorded in Q3 FY23. Revenue from operations tanked 95.3% YoY to Rs 40.06 crore in Q3 FY24.

Powered by Capital Market - Live News

   Attention Investors : Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day........issued in the interest of investors.
   Attention Investors : Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers / Depository Participant. Receive information of your transactions directly from Exchange / Depositories on your mobile / email at the end of the day .... Issued in the interest of Investors.
   Attention Investors : KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
   Attention Investors : No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
Email ID: info@ssplwealth.com       Customers grievances : grievances@ssplwealth.com     Compliance officer : Mr.R Udayakumar , compliance@ssplwealth.com,  Mobile No: 7305522205
Hit Count : 41899140
SEBI Regn.Nos : NSE/BSE-INZ000192638 | CDSL : IN-DP-262-2016
Member IDs : NSE : 11221 | BSE : 6292 | CDSL : 12045000 | MCX : 56990 | AMFI Regn.No : 2662
Designed , Developed & Content provided by CMOTS INFOTECH.(ISO 9001:2015 certified) © Copyright 2011 All Rights Reserved. SSPL Securities Private Limited