Vega Jewellers Limited has announced the approval of its unaudited financial results for the third quarter of fiscal year 2026, marking another milestone in the company's regulatory compliance journey. The Board of Directors convened on January 29, 2026, to review and approve crucial financial documents for the quarter and nine months ended December 31, 2025.

Board Meeting Details

The Board meeting was conducted through video conferencing mode, reflecting modern corporate governance practices. The session details are outlined below:

Key Approvals and Decisions

The Board of Directors considered and approved several important items during the meeting. The primary focus was on financial results and compliance documentation for the reporting period ended December 31, 2025.

The approved items included:

• Unaudited Financial Results (Standalone and Consolidated) for the quarter ended December 31, 2025
• Unaudited Financial Results (Standalone and Consolidated) for nine months ended December 31, 2025
• Limited Review Reports (Standalone and Consolidated) for the corresponding periods

Regulatory Compliance Framework

The financial results approval followed proper corporate governance protocols. The Audit Committee of the company had recommended these financial results prior to Board consideration. Additionally, the Statutory Auditors reviewed the financial statements, ensuring adherence to accounting standards and regulatory requirements.

This approval process aligns with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, demonstrating the company's commitment to transparent financial reporting and stakeholder communication.

Company Background

Vega Jewellers Limited, formerly known as PH Trading Limited, operates in the jewelry sector with its registered office located in Mumbai, Maharashtra. The company maintains its listing on BSE Limited under scrip code 512026, ensuring continued market presence and regulatory compliance.

The company secretary and compliance officer, B. Kiran Kumar, signed the regulatory filing, confirming the Board's decisions and ensuring proper documentation for exchange records.

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.