Vega Jewellers Ltd — Important, 19-01-2026: Company Update

Vega Jewellers' Board approved the allotment of 5,00,000 new equity shares to promoters Naveen Kumar Vanama and Sudhakar Vanama. These shares resulted from the conversion of an equal number of convertible warrants issued earlier. The company received Rs. 7.40 Cr from this conversion, representing 75% of the warrant exercise price at Rs. 148.065 per share. Consequently, the paid-up equity capital increased from Rs. 9.68 Cr to Rs. 10.18 Cr, signifying an expanded equity base and promoter commitment.