ALPHA TRIBE

Vega Jewellers LtdImportant, 05-09-2026: Company Update

05-09-2026 | 04:46 pm

Vega Jewellers Limited has announced a board meeting where it was decided to lapse and forfeit 20,000 convertible warrants allotted to Mr. Hanumantha Rao Patri. This action follows the non-payment of the balance 75% of the issue price within the stipulated exercise period. The upfront amount of ₹2,75,000 paid for these warrants will be forfeited by the company, and no equity shares will be allotted against them. This decision does not alter the company's capital structure.

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