PC Jeweller has received an approval to increase its foreign investment limit under PIS - FII/RFPIs to 49%. The Reserve Bank of India (RBI) has informed the company that Foreign Institutional Investors (FIIs) / Registered Foreign Portfolios Investors (RFPIs) can now invest up to 49% of the paid up capital under the Portfolio Investment Scheme (PIS).
PC Jeweller is one of the leading jewellery companies in India in the organized jewellery retail sector. Its operations include the manufacture, retail and export of jewellery. The company has developed a strong brand in north and central India markets.
