Description

BSE lists 5,00,000 new equity shares of Vega Jewellers Limited issued to promoters on a preferential basis via warrant conversion, effective February 26, 2026. Shares are locked in until October 1, 2027.

Summary

BSE has listed 5,00,000 new equity shares of Vega Jewellers Limited (Scrip Code: 512026) effective Thursday, February 26, 2026. These shares were issued to Promoters on a preferential basis at an issue price of Rs. 197.42 per share (face value Rs. 10 + premium Rs. 187.42), pursuant to the conversion of warrants allotted earlier. The shares rank pari-passu with existing equity shares but are subject to a lock-in period until October 1, 2027.

Key Points

  • 5,00,000 equity shares of Rs. 10/- each issued at a premium of Rs. 187.42/- per share
  • Total issue price: Rs. 197.42/- per share
  • Issued to Promoters on a preferential basis via conversion of warrants
  • New shares rank pari-passu with existing equity shares of the company
  • Distribution numbers: 9676299 to 10176298
  • ISIN: INE603D01017
  • Date of allotment: January 19, 2026
  • Trading permitted from: February 26, 2026

Regulatory Changes

No regulatory changes. This is a standard listing notification following a preferential allotment approved under SEBI guidelines for warrant conversion.

Compliance Requirements

  • Trading members are permitted to trade these securities from February 26, 2026
  • The 5,00,000 shares (Dist. Nos. 9676299–10176298) are subject to a mandatory lock-in and cannot be traded until October 1, 2027
  • Members must ensure compliance with lock-in restrictions when processing any transactions involving these securities

Important Dates

  • Date of Allotment: January 19, 2026
  • Listing / Trading Effective Date: February 26, 2026
  • Lock-in Expiry Date: October 1, 2027

Impact Assessment

The listing adds 5,00,000 shares to the tradeable pool for Vega Jewellers Limited (512026), representing a promoter preferential allotment via warrant conversion. Since all newly listed shares are locked in until October 2027, there is no immediate increase in free-float or selling pressure. Market impact is expected to be minimal. The allotment slightly increases total paid-up equity capital of the company.

Impact Justification

Routine listing of preferential allotment shares to promoters following warrant conversion. Shares carry a lock-in until October 2027, limiting near-term market impact. Affects only one small-cap company.