Vega Jewellers Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

Vega Jewellers Promoter, Naveen Kumar Vanama, has increased his direct equity stake by acquiring 2.50 lakh new shares. This acquisition stems from the conversion of an equivalent number of convertible warrants he previously held. Following this conversion, Mr. Vanama's total shares carrying voting rights now stand at 36,20,075, representing approximately 35.57% of the company's voting capital. Consequently, the company's equity share capital has risen from Rs. 9.68 Cr to Rs. 10.18 Cr. This action converts promoter-held instruments into direct ownership.