PC Jeweller Limited repays more than 90% of outstanding debt of banks

Today, in line with the Company's objective of achieving a debt-free status, PC Jeweller Limited has successfully reduced its outstanding debt of the banks as per the Joint Settlement Agreement, by another approximately 10%.

With this reduction, the company has now discharged and repaid more than 90% of its outstanding debt of the banks since the execution of settlement agreement, thereby reaffirming its commitment and swift progress towards its financial goal of accomplishing a debt-free status very soon.

Source : Equity Bulls

Keywords

PCJeweller DebtReduction