ImportantDisclosure of material issue

PC Jeweller (PCJEWELLER) is making significant progress towards becoming debt-free.

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PC Jeweller LimitedPCJEWELLER · Filed with the exchange

The company has fully repaid all outstanding debt to 9 out of its 14 consortium banks, ahead of their scheduled due dates.

Additionally, over 96% of the debt to the remaining 5 banks has also been cleared.

PC Jeweller expects to discharge the remaining less than 4% and achieve a complete debt-free status this month, which is a material positive for its balance sheet and financial position. #PCJEWELLER #DebtReduction

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