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Vega Jewellers Limited has announced a board meeting approving the allotment of 1,36,553 equity shares of Rs. 10 each upon conversion of warrants at Rs. 41.25 per warrant exercise price, raising Rs. 13.65 lakh. This follows earlier allotments totaling over 90 million shares under the same warrant scheme, with proceeds exceeding Rs. 68 crore so far. The company’s paid-up equity capital has increased to Rs. 9.64 crore from Rs. 9.51 crore. The conversion of warrants reflects ongoing capital infusion from promoters and non-promoter investors, enhancing the company’s equity base and financial flexibility.