Vega Jewellers Limited has disclosed a substantial acquisition of shares by its promoter Naveen Kumar Vanama through conversion of convertible warrants. The transaction, completed on January 19, 2026, involved the conversion of 2,50,000 convertible warrants into an equivalent number of equity shares.

Transaction Details

The acquisition was executed through preferential allotment following the conversion of warrants held by the promoter. Vanama converted his entire holding of 2,50,000 convertible warrants into equity shares, representing 2.45% of the company's diluted share capital.

Shareholding Pattern Changes

Prior to this conversion, Vanama held 33,70,075 equity shares representing 34.82% of the total share capital and 33.05% of the diluted share capital. Additionally, he held 2,50,000 convertible warrants representing 2.45% of the diluted capital.

Impact on Company's Capital Structure

The warrant conversion resulted in an expansion of the company's equity base. The total equity share capital increased from ₹9.68 crores to ₹10.18 crores, with the number of outstanding equity shares rising from 96,76,298 to 1,01,76,298 shares of ₹10 each.

Regulatory Compliance

The disclosure was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company, formerly known as PH Trading Limited, is listed on BSE Limited with scrip code 512026. The formal disclosure was submitted to both BSE Limited and the company on January 21, 2026, providing transparency regarding the promoter's increased stake in the jewelry company.

Vega Jewellers Limited , a company listed on the Bombay Stock Exchange (BSE), has received approval for listing 1,99,554 equity shares. This development marks a significant step in the company's capital structure.

Key Details of the Listing Approval

Regulatory Compliance and Next Steps

The BSE's listing approval comes with specific conditions that Vega Jewellers must adhere to:

1. SEBI Regulations: The company is required to comply with the provisions set by the Securities and Exchange Board of India (SEBI).

2. Document Submission: To obtain trading approval for the newly listed shares, Vega Jewellers must file the necessary documents within seven working days.

3. Trading Approval: The actual trading of these shares on the BSE will commence only after the company receives trading approval, which is contingent upon fulfilling the required documentation and compliance measures.

This listing approval represents a strategic move for Vega Jewellers, potentially enhancing its capital base and providing additional liquidity to non-promoter shareholders who have converted their warrants into equity shares.

Investors and market participants should note that while the listing approval has been granted, the actual trading of these new shares is subject to further regulatory processes and approvals.

Stakeholders are advised to keep an eye on official communications from the company and regulatory bodies for any updates regarding the trading approval and commencement of trading for these newly listed shares.