Vega Jewellers Opens New Store in Guntur, Expands Retail Network to Six Outlets

Vega jewellers Limited has announced the opening of its new retail store in Guntur, Andhra Pradesh, marking another milestone in the company's expansion strategy. The jewellery retailer disclosed this development under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, emphasizing the significance of this retail expansion.

Store Location and Details

The new store has been inaugurated at a prime location in Guntur, strategically positioned to serve customers in the region.

Parameter:	Details
Location:	Lakshmi Puram, Besides Reliance Digital Store
Address:	Building no: 5, 87-16, Pandaripuram, Guntur
State:	Andhra Pradesh
Pin Code:	522002
Total Store Count:	Six stores

Expansion Impact

This latest addition brings Vega Jewellers' total retail presence to six stores, demonstrating the company's commitment to expanding its geographical footprint. The strategic location in Guntur positions the company to tap into the growing demand for jewellery in Andhra Pradesh, a state known for its appreciation of traditional and contemporary jewellery designs.

Regulatory Compliance

The company has fulfilled its disclosure obligations by announcing this development under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure requirements) Regulations, 2015. This regulatory framework ensures that material information affecting the company's operations is communicated transparently to stakeholders and the investing public.

Company Background

Vega Jewellers Limited, formerly known as PH Trading Limited, operates from its registered office in Mumbai, Maharashtra. The company maintains its commitment to expanding its retail network while ensuring compliance with all applicable regulatory requirements. The systematic approach to store expansion reflects the company's strategic vision for growth in India's competitive jewellery retail market.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-100.00%	-100.00%	-100.00%	-100.00%	-100.00%	-100.00%

Vega Jewellers Limited has confirmed the issuance of bonus shares in the ratio of 4:1, following the earlier receipt of in-principle approval from BSE Limited for its proposed bonus issue of 4,07,05,192 equity shares. The company had received unanimous approval for all resolutions at its Extra-Ordinary General Meeting held on April 8, 2026, with BSE subsequently granting approval through letter dated April 15, 2026.

Bonus Share Issuance Confirmation

The company will proceed with the distribution of 4,07,05,192 equity shares of ₹10 each as bonus shares, representing four new equity shares for every one existing equity share held by shareholders. The issuance follows completion of all regulatory requirements and compliance with BSE conditions including submission of listing application forms and payment of additional listing fees on enhanced capital.

Parameter:	Details
Bonus Shares Issued:	4,07,05,192
Bonus Ratio:	4:1
Face Value per Share:	₹10
BSE Approval Reference:	LOD/Bonus/BN-IP/DA/74/2026-27
Approval Date:	April 15, 2026
Allotment Mode:	Dematerialized form only

EGM Voting Results and Shareholder Support

The Extra-Ordinary General Meeting witnessed strong shareholder participation with 8,444,763 votes polled representing 82.98% of outstanding shares. All three resolutions including MOA alteration, AOA alteration, and bonus share issuance achieved unanimous approval with 100% votes in favour across all shareholder categories.

Resolution Type:	Total Shares Held	Votes Polled	Polling %	Approval Rate
MOA Alteration (Special):	10,176,298	8,444,763	82.98%	100.00%
AOA Alteration (Special):	10,176,298	8,444,763	82.98%	100.00%
Bonus Share Issuance (Ordinary):	10,176,298	8,444,763	82.98%	100.00%

Shareholder Category-wise Participation

Promoter and promoter group demonstrated complete participation with 100% voting on their 7,240,150 shares, while public non-institutional shareholders showed 41.03% participation. The voting pattern reflected strong confidence in the company's bonus issue proposal across all shareholder segments.

Shareholder Category:	Shares Held	Votes Polled	Participation %	Votes in Favour
Promoter Group:	7,240,150	7,240,150	100.00%	7,240,150
Public Non-Institutional:	2,936,148	1,204,613	41.03%	1,204,613
Total:	10,176,298	8,444,763	82.98%	8,444,763

Implementation and Regulatory Compliance

The bonus share implementation follows compliance with Companies Act, 2013, SEBI regulations, and BSE listing requirements. Y. Ravi Prasada Reddy of RPR & Associates served as scrutinizer for the EGM proceedings, confirming adherence to Section 108 of Companies Act, 2013. The bonus shares will be issued through capitalization of Securities Premium Account and allotted only in dematerialized form to existing shareholders.