PC Jeweller shares drop 4% after Sebi sends warning letters to MD, company secretary. Here's why
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓PC Jeweller shares fell over 4% on Monday after Sebi sent warning letters to the managing director and company secretary.
- ✓The regulator flagged the firm for not maintaining a digital database regarding a June 30, 2025 business update.
- ✓The company said the warning has no impact on its daily operations.
Story at a Glance
- Category
- MARKET
- Reported By
- The Economic Times
- Reading Speed
- 4 Minute(s)
- Market Focus
- India Economy
Shares of PC Jeweller slipped over 4% on Monday after market regulator Sebi issued administrative warning letters to the company’s managing directors and secretary for non-maintenance of a structured digital database in relation to the quarterly business update for the quarter which ended on June 30, 2025.
PC Jeweller shares dropped to Rs 14.83 apiece on Monday morning, the lowest level seen by the stock in nearly three weeks. The shares of the company have fallen nearly 10% in a week, following a sharp rally that pushed the stock 20% higher in a month and more than 60% in 2026 so far.
Why Sebi issued warnings against PC Jeweller executives
The Securities and Exchange Board of India (Sebi) issued administrative warning letters to its promoter and managing director Balram Garg, and company secretary and compliance officer, Vijay Panwar, for not maintaining the structured digital database related to unpublished price sensitive information linked to a business update given for the first quarter of the financial year 2026 (April-June, 2025).
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The Economic Times
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