PC Jeweller’s board has given the green light to a proposal aimed at raising Rs 2,000 crore through a combination of rights issues and preferential allotment of fully convertible warrants. Additionally, the board sanctioned raising up to Rs 500 crore via a preferential allotment of such warrants. This decision also includes increasing the authorized share capital and amending the capital clause in the memorandum of association. Out of the total, Rs 1,500 crore is earmarked for a rights issue of equity shares at Rs 10 per share for eligible equity shareholders.