Description
BSE notifies trading members that Vega Jewellers Limited has fixed April 24, 2026 as the record date for a bonus issue of 4 equity shares for every 1 equity share held.
Summary
BSE has notified trading members that Vega Jewellers Limited (Scrip Code: 512026) has fixed a record date for a bonus issue. Equity shares of the company will trade on an ex-bonus basis effective April 24, 2026. A total of 40,705,192 bonus equity shares will be allotted on April 27, 2026.
Key Points
- Bonus ratio: 4 (four) equity shares of Rs. 10/- each for every 1 (one) equity share of Rs. 10/- each held
- Record date: April 24, 2026
- Ex-bonus effective date: April 24, 2026 (Settlement No. DR-617/2026-2027)
- Total bonus shares to be allotted: 40,705,192 equity shares
- Allotment date: April 27, 2026
- Notice No.: 20260417-42
Regulatory Changes
No new regulatory changes. This is a standard corporate action notification under BSE’s Listing Operations and Compliance framework.
Compliance Requirements
- Trading members must ensure all transactions in Vega Jewellers Limited equity shares are processed on an ex-bonus basis from April 24, 2026 onwards.
- Members should update their systems to reflect the new share count post-allotment on April 27, 2026.
Important Dates
- April 24, 2026: Record date and ex-bonus effective date (Settlement No. DR-617/2026-2027)
- April 27, 2026: Allotment of 40,705,192 bonus equity shares
Impact Assessment
The 4:1 bonus issue will significantly increase the number of outstanding shares of Vega Jewellers Limited, which typically leads to a proportional adjustment in the share price on the ex-bonus date. Existing shareholders as of the record date will receive four additional shares for each share held. The impact is company-specific and does not affect broader market operations or other listed securities.
Impact Justification
Company-specific corporate action affecting existing shareholders of Vega Jewellers Limited; 4:1 bonus ratio is significant but limited to a single scrip.