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PC Jeweller’s arm incorporates subsidiary

PCJ Gems & Jewellery is holding 66% share capital of PCJ Mining SARL

PC Jeweller’s wholly-owned subsidiary -- PCJ Gems & Jewellery has incorporated a subsidiary, namely, ‘PCJ Mining SARL’ in Republic of Chad. PCJ Gems & Jewellery is holding 66% share capital of PCJ Mining SARL. PCJ Mining SARL is yet to commence its business operations. 

The subsidiary has been incorporated for extraction of precious metal ores (mining, mineral exploration and quarrying; production, refining and marketing of mineral products; general import export trade; provision of related services).

PC Jeweller is one of the leading jewellery companies in India in the organized retail sector.