Vega Jewellers Gets BSE Approval For Trading of 500,000 Preferential Shares Issued At ₹187.42 Premium

Vega Jewellers Limited received trading approval from BSE Limited on February 25, 2026, for 500,000 equity shares issued to promoters upon conversion of warrants, according to a Regulation 30 filing made with the exchange. The approval clears the way for the newly issued shares to be traded from February 26, 2026.

BSE Grants Listing And Trading Approval For Preferential Allotment

In its exchange communication, Vega Jewellers Limited (formerly PH Trading Ltd) stated that BSE had issued a trading approval letter dated February 25, 2026, bearing reference LOD / PREF / SV / 414 / 2025-2026.

The approval covers 500,000 equity shares of face value ₹10 each, issued at a premium of ₹187.42 per share. These shares were allotted to promoters on a preferential basis following the conversion of warrants effectively translating previously issued instruments into equity capital.

The company disclosed that the shares carry distinctive numbers ranging from 9,676,299 to 10,176,298. BSE confirmed that the securities would be listed and admitted to dealings effective Thursday, February 26, 2026. It also cited Notice No. 20260225-8 dated February 25, 2026, which was circulated to trading members.

Preferential issues and warrant conversions are structured capital-raising mechanisms under SEBI regulations. In such cases, warrants are initially allotted with partial payment, and equity shares are issued once the balance consideration is paid at the time of conversion. The present approval marks the final procedural step in that process for this tranche.

Company Background

Vega Jewellers share price Limited is listed on the BSE under Scrip Code 512026 and was previously known as PH Trading Ltd.

In the same disclosure, the company referenced a series of earlier corporate announcements dated November 17, 2025; November 20, 2025; November 25, 2025; December 3, 2025; December 17, 2025; December 30, 2025; January 3, 2026; January 13, 2026; and January 19, 2026. These filings relate to capital-raising initiatives and related corporate actions undertaken over the past few months.

The latest approval ties into that sequence, completing the exchange formalities for shares issued under the warrant conversion route.

Conclusion

BSE’s trading approval, effective February 26, 2026, enables the 500,000 equity shares issued at a premium of ₹187.42 each to be freely traded on the exchange.

For Vega Jewellers, the development formalises the conversion of warrants into equity and closes this leg of its preferential capital infusion, subject to any further disclosures required under listing regulations.

Source:

• https://www.bseindia.com/xml-data/corpfiling/AttachLive/7f15edd0-6c61-4417-ac00-2055a932f82e.pdf
• https://www.bseindia.com/corporates/anndet_new.aspx?newsid=3781b20f-1a7c-4c38-a8d4-e3d51265a087