Vega Jewellers Sets Record Date for 4:1 Bonus Issue; Shares Hit 52-Week High

Synopsis: Vega Jewellers Limited has officially set Friday, April 24, 2026, as the record date for its massive 4:1 bonus share issue. The company, which recently expanded its retail footprint with a new outlet in Guntur, received final in-principle approval from the BSE on April 15, 2026.

After shareholders approved the plan at the EGM on April 8, the Board of Directors finalized the timeline for the bonus issue. The company will issue 4,07,15,192 new equity shares, each with a face value of Rs. 10. This action will greatly increase its share capital. The record date for determining which shareholders are eligible will be Friday, April 24, 2026. Investors who qualify can expect the allocation of these shares by April 27. The new bonus shares will begin trading on Tuesday, April 28, 2026.

In addition to this capital move, Vega Jewellers is expanding its physical presence. On April 16, 2026, the company opened a new store in Guntur, bringing the total to six outlets in Andhra Pradesh and Telangana. This expansion supports its goal of growing market share in the premium jewelry sector.

Beyond the capital restructuring, Vega Jewellers is aggressively scaling its physical presence. On April 16, 2026, the company inaugurated a new retail store in Guntur, bringing its total network to six outlets across Andhra Pradesh and Telangana. This expansion aligns with the company’s objective of increasing market share in the premium jewelry segment.

Shares of Vega Jewellers Ltd closed at their 52-week high of Rs. 312.25 on April 16, 2026. The stock gained attention as the company confirmed April 24, 2026, as the record date for the 4:1 bonus issue.

The company is also expanding its retail footprint by inaugurating a new store in Guntur. Although it is in ESM Stage 1 due to low trading volumes, the stock continues to rise from a yearly low of Rs. 24.71. It has a competitive consolidated P/E of 20.0 and a market cap of Rs. 317.75 crore.

Company Profile

Vega Jewellers Limited is a rapidly growing luxury jewelry house headquartered in Mumbai, with a dominant operational presence in Andhra Pradesh and Telangana. The company transitioned from a trading-focused business model to high-end jewelry retail, officially rebranding to reflect its focus on the “Diamond, Gems, and Jewellery” sector.

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