Description
BSE notifies listing of 5,00,000 new equity shares of Vega Jewellers Limited effective February 26, 2026, issued to promoters on preferential basis via conversion of warrants at Rs. 197.42 per share.
Summary
BSE has notified trading members that 5,00,000 new equity shares of Vega Jewellers Limited (Scrip Code: 512026) are listed and permitted to trade on the Exchange with effect from Thursday, February 26, 2026. These shares were issued to promoters on a preferential basis pursuant to the conversion of warrants at an issue price of Rs. 197.42 per share (face value Rs. 10 + premium Rs. 187.42).
Key Points
- Company: Vega Jewellers Limited (Scrip Code: 512026, ISIN: INE603D01017)
- New Shares Listed: 5,00,000 equity shares of Rs. 10/- each
- Issue Price: Rs. 197.42/- per share (face value Rs. 10 + premium Rs. 187.42)
- Allotment Type: Preferential allotment to Promoters via conversion of warrants
- Listing Effective Date: Thursday, February 26, 2026
- Date of Allotment: January 19, 2026
- Distinctive Numbers: 9676299 to 10176298
- Ranking: Pari-passu with existing equity shares
- Lock-in Period: All 5,00,000 shares locked in until October 1, 2027
Regulatory Changes
No regulatory changes. This is a standard listing notification under BSE’s process for newly allotted securities.
Compliance Requirements
- Trading members are informed and may facilitate trading of the new shares from February 26, 2026 onward.
- The 5,00,000 shares (Dist. Nos. 9676299–10176298) are subject to lock-in until October 1, 2027, and cannot be traded during this period.
Important Dates
| Event | Date |
|---|---|
| Date of Allotment | January 19, 2026 |
| Listing / Trading Commencement | February 26, 2026 |
| Lock-in Expiry | October 1, 2027 |
Impact Assessment
The listing adds 5,00,000 equity shares to the tradable universe for Vega Jewellers Limited, representing a modest increase in share capital. However, since all newly listed shares carry a lock-in until October 1, 2027, there is no immediate increase in free-float or liquidity. The preferential allotment to promoters at Rs. 197.42 per share may signal promoter confidence in the company. Overall market impact is minimal and limited to existing shareholders and traders of this scrip.
Impact Justification
Routine listing of preferentially allotted shares from warrant conversion for a small-cap jewellery company; limited broader market impact with a 19-month lock-in restricting tradability of new shares.