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13-May2019

PC Jeweller gets nod to demerge export division

PC Jeweller has received approval for scheme of arrangement for demerger 'Export Division' of PC Jeweller and subsequent amalgamation of the same with its Wholly Owned Subsidiary Company i.e. PCJ Gems & Jewellery. The Board of Directors of the Company at its meeting held on May 11, 2019 has approved the same.

The Demerged Company is having two core business verticals viz. Domestic Division and Export Division. The Board has decided to demerge the Export Division.

PC Jeweller is engaged in manufacturing jewelry products. It offers gold and diamond jewelry and silver articles. Its products include bangles, bracelets, earrings, pendant set, necklaces, pendant, nose rings and rings.


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