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Shares of Delhi-based PC Jeweller gained on Wednesday October 8 2025 as the company informed exchanges that the DRAT Delhi (Debts Recovery Appellate Tribunal) has accepted the joint application filed by the company and consortium lenders. It has issued directions for the handover of keys and the inventory of the company of all those showrooms and premises of the company which were in the custody. The stock started the trading session in green at Rs 12.96 against the previous close of Rs 12.95. It later surged to touch the intraday high of Rs 13.22. This is to inform that the as per the orders of Debts Recovery Appellate Tribunal Delhi (‘DRAT Delhi’) the keys and inventory of some of the showrooms / premises of the Company were in the custody of DRAT Delhi. These were to be released upon compliance of the terms and conditions of the Joint Settlement Agreement dated September 30 2024 executed between the Company and the Consortium Lenders the filing reads. The company recently said that its revenue grew about 63 per cent year-on-year in the second quarter of this fiscal on better demand for gold jewellery during the festive season. In a regulatory filing Delhi-based PC Jeweller shared operational update for the July-September quarter of the 2025-26 fiscal. The company said that it posted a strong performance in the second quarter of the financial year 2025-26 driven by strong consumer demand during the ongoing festive season. The company achieved standalone revenue growth of approximately 63 per cent compared to the corresponding quarter of the previous financial year it added. The company also highlighted that it has reduced its outstanding debt payable to banks by about 23 per cent during this quarter. This is in addition to the reduction of 9 per cent during the first quarter of this fiscal and more than 50 per cent cut in the previous financial year. At the end of the 2024-25 fiscal year PC Jeweller had a net debt of Rs 1780 crore. For further reduction of bank loans the companys board in July approved a proposal to raise Rs 500 crore equity from promoters and Capital Ventures Pvt Ltd. Besides this PC Jeweller will receive Rs 1300 crore from promoters and investors on the conversion of warrants into equity shares. With PTI inputs