Disclosure of material issue

Date: October 07, 2026 To, To, The Listing Compliance Department, The Listing Compliance Department, BSE Limited, National Stock Exchange of India Limited, P. J. Tower, Dalal Street, Exchange Plaza, Bandra Kurla Complex, Mumbai – 400001 Bandra (East), Mumbai - 400051 Scrip Code: 534809 Symbol: PCJEWELLER Sub.: Business Update for the Quarter ended 30th September 2026 Dear Sir / Ma’am, The Company is pleased to submit its business update for the quarter ended 30th September 2026. Consolidated Revenue growth of approximately 28% YoY – Backed with a healthy consumer demand, the company continued to deliver a strong performance, concluding Q2FY2027 with a consolidated revenue growth of approximately 28% YoY reflecting a strong business momentum. Realization of outstanding export receivables – The company has received remittances of approximately Rs 142 crores during the quarter from its outstanding export debtors. The company had been putting in its best efforts for amicably resolving the issue of its outstanding export receivables. The efforts and negotiations have yielded positive results for the company. The issue between the company and its export debtors have been resolved and the realization of outstanding export receivables has commenced with this remittance. Debt-Free status achieved – During the quarter ended 30th September 2026, the company achieved a Debt Free status after successful repayment of outstanding debt of all the banks with all repayments completed ahead of the scheduled due dates. With no bank debts outstanding, the company will be saving on the interest cost in the future, which will positively impact its bottomline and strengthen its balance sheet. Completion of fund raising through Preferential issue of Equity Shares and Warrants – The Company’s funds raising aggregating upto ₹ 500 crore by preferential issue of equity shares and Warrants has been completed successfully on 24th September, 2026 upon completion of conversion of all the Warrants allotted to Shri Balram Garg, Promoter. The financial details provided above are provisional and subject to Limited Review by Statutory Auditor. PC Jeweller Limited (VISHAN DEO) Executive Director (Finance) & CFO DIN: 07634994 PC Jeweller Limited Regd. Office : 2713, 3rd Floor, Bank Street, Karol Bagh, New Delhi-110005 Ph. : 011 - 49714971 Fax : 011 – 49714972 info@pcjeweller.com • www.pcjeweller.com • CIN : L36911DL2005PLC134929