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Vega Jewellers informs about outcome of board meeting

03 Jan 2026 Evaluate

Vega Jewellers has informed that the meeting of the Board of Directors of the company (Formerly, PH Trading) held on Saturday, the 03rd day of January 2026 at 12.00 pm (IST) through Video conferencing mode or other audio-visual mode considered and approved the following: 1. Allotment of 5,00,000 convertible warrants at a price (i.e. the price including the Warrant subscription Price and the Warrant Exercise Price) of Rs. 197.42/- each (‘Warrant Issue Price’), aggregating to Rs. 9,87,10,000/- on preferential basis to the Promoters of the Company pursuant to the InPrinciple Approval granted by the BSE (vide its Letter reference no. Ref: LOD/PREF/MV/FIP/1437/2025-26 dated 29th December 2025). 2. The Company has received 25% of the Warrant Issue Price i.e. Rs. 49.355/- against each Warrant, aggregating to Rs. 2,46,77,500 (‘Warrant Subscription Price’) from Promoters of the Company Naveen Kumar Vanama and Sudhakar Vanama. As the Company has allotted Warrants pending conversion of the same into equity shares, there is no change in the Paid-up Share Capital of the Company at present. The Meeting commenced at 12:00 pm and concluded at 12.45 pm.

The above information is a part of company’s filings submitted to BSE.

Vega Jewellers Share Price

312.25 0.00 (0.00%)
16-Apr-2026 16:59 View Price Chart
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