ALPHA TRIBE

Vega Jewellers LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Vega Jewellers' promoter, Sudhakar Vanama, acquired 2,50,000 new equity shares by converting convertible warrants. This action increased the company's equity share capital from Rs. 9.68 Cr to Rs. 10.18 Cr. Post-conversion, the promoter's voting share holding stands at 36,20,075, representing approximately 35.57% of the total share capital. This transaction effectively raises the promoter's stake, demonstrating increased ownership and commitment to the company, a key development for investors.

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