Description

BSE announces listing of 1,99,554 equity shares of Vega Jewellers Limited issued on preferential basis pursuant to warrant conversion, effective December 26, 2025.

Summary

BSE has announced the listing of 1,99,554 equity shares of Vega Jewellers Limited (Scrip Code: 512026) on the New Debt Segment (NDS). These shares were issued at Rs. 55/- (face value Rs. 10/- plus premium of Rs. 45/-) to non-promoters on a preferential basis pursuant to conversion of warrants. The shares will be available for trading from December 26, 2025, and rank pari-passu with existing equity shares.

Key Points

  • Total shares listed: 1,99,554 equity shares of Rs. 10/- each
  • Issue price: Rs. 55/- per share (Rs. 10/- face value + Rs. 45/- premium)
  • Allotted to: Non-Promoters on preferential basis
  • Mode: Conversion of warrants
  • ISIN: INE603D01017
  • Scrip Code: 512026
  • Trading commencement: December 26, 2025
  • All shares subject to lock-in until June 30, 2026

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members must note the listing of new securities effective December 26, 2025
  • Lock-in restrictions apply to all 1,99,554 shares (Dist. Nos. 9476745 to 9676298) until June 30, 2026
  • Shares rank pari-passu with existing equity shares of the company

Important Dates

  • May 13, 2025: Allotment of 30,000 shares (Dist. Nos. 9476745-9506744)
  • May 29, 2025: Allotment of 1,36,554 shares (Dist. Nos. 9506745-9643298)
  • August 14, 2025: Allotment of 33,000 shares (Dist. Nos. 9643299-9676298)
  • December 24, 2025: Notice date
  • December 26, 2025: Trading commencement date
  • June 30, 2026: Lock-in expiry date for all shares

Impact Assessment

Market Impact: Minimal. This is a routine listing notice affecting a single company with a relatively small number of shares (1,99,554 shares valued at approximately Rs. 1.1 crore at issue price).

Operational Impact: Trading members should update their systems to reflect the expanded share capital of Vega Jewellers Limited. The lock-in period until June 30, 2026 means these shares cannot be traded freely for approximately 18 months from the listing date.

Investor Impact: Existing shareholders should note the dilution effect from the preferential allotment. The shares were issued pursuant to warrant conversion, indicating this was a planned capital raising activity by the company.

Impact Justification

Routine listing of preferentially allotted shares for a single company with limited market-wide impact