Vega Jewellers Ltd — Important, 30-12-2025: Company Update
30-12-2025 | 04:06 pm
30-12-2025 | 04:06 pm
Vega Jewellers has received in-principle approval from BSE for its proposed preferential issue. The company is set to issue 5 lakh warrants, convertible into 5 lakh equity shares, to its promoters. These shares will be priced at not less than Rs. 197.42 per equity share, potentially raising over 9.87 Crore. This approval is a significant step towards bolstering the company's capital base, which is crucial for supporting future business operations and growth initiatives. While it involves equity dilution, the funds raised aim to strengthen the financial position.
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