Description
BSE notifies listing of 5,00,000 new equity shares of Vega Jewellers Limited issued on a preferential basis to Promoters via conversion of warrants, effective February 26, 2026.
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.
Key Points
- 5,00,000 equity shares of Rs. 10/- each issued at a premium of Rs. 187.42/- per share
- Issued to Promoters on a preferential basis via conversion of warrants
- New shares rank pari-passu with existing equity shares
- Distribution numbers: 9676299 to 10176298
- Issue price: Rs. 197.42 per share
- ISIN: INE603D01017
- All 5,00,000 shares are subject to a lock-in until October 1, 2027
Regulatory Changes
No regulatory changes introduced. This is a standard listing notice pursuant to a completed preferential allotment.
Compliance Requirements
Trading members are informed to update their records accordingly. The new shares are eligible for trading from February 26, 2026, subject to the lock-in restriction applicable to all 5,00,000 shares until October 1, 2027.
Important Dates
- Date of Allotment: January 19, 2026
- Effective Trading Date: February 26, 2026
- Lock-in Expiry: October 1, 2027 (applicable to all 5,00,000 shares, Dist. Nos. 9676299–10176298)
Impact Assessment
The listing adds 5,00,000 shares to the tradeable float of Vega Jewellers Limited, though all newly listed shares are locked in until October 2027, meaning no immediate increase in free-float. Market impact is minimal and localised to existing shareholders and traders of Scrip Code 512026.
Impact Justification
Routine listing of preferentially allotted shares from warrant conversion for a single company; limited broader market impact.