Vega Jewellers announces 4:1 bonus issue subject to shareholder approval and regulatory clearances

Vega Jewellers said the Board of Directors approved a bonus issue at its meeting held on Tuesday, 10 March 2026. The company planned to issue 4,07,05,192 equity shares, each with a face value of Rs. 10. Vega Jewellers also confirmed an estimated allotment timeline for eligible shareholders.

The bonus plan stayed subject to shareholder approval at an Extraordinary General Meeting. Vega Jewellers said the credit or dispatch was expected within two months. The company set the deadline as on or before May 09, 2026, for eligible demat accounts.

"The Board of Directors has considered, approved and recommended the issue of Bonus Shares in the ratio of 4:1 i.e. 4 (Four) new fully paid-up Equity Shares of Rs. 10/- (Rupees Ten Only) each for every 1 (One) existing fully paid-up Equity Share of Rs. 10/- (Rupees Ten Only) to the eligible Equity Shareholders of the Company as on record date subject to the approval of the shareholders through an Extraordinary General Meeting and any other applicable statutory and regulatory approvals, as may be required," confirmed Vega Jewellers in a regulatory statement.

Before the bonus issue, paid-up share capital stood at 1,01,76,298 equity shares of Rs 10 each. This totalled Rs 10,17,62,980. After the bonus shares, the company expected 5,08,81,490 equity shares. The post-bonus equity capital was projected at Rs 50,88,14,900.

Item	Pre-bonus	Post-bonus (expected)
Equity shares (number)	1,01,76,298	5,08,81,490
Face value per share	Rs 10	Rs 10
Paid-up equity capital	Rs 10,17,62,980	Rs 50,88,14,900

To complete the bonus issue, Vega Jewellers planned to use free reserves and or share premium. The company estimated this amount at about Rs 40,70,51,920. This funding was linked to the planned issuance of 4,07,05,192 bonus equity shares.

Vega Jewellers bonus shares: Vega Jewellers share price and 52-week range

On 05 Feb 26, Vega Jewellers last traded at Rs 312.25 per share. The company’s market capitalisation stood at Rs 317.75 Cr. Over one year, the stock moved from a 52-week low of Rs 24.71 on 06 February 2025 to Rs 312.25.

The same Rs 312.25 level was also the 52-week high reached on 19 January 2026. From the low, the stock rose by Rs 287.54 per share. This worked out to about 1,164% over the period. The price sat at the top of its one-year range.

Vega Jewellers bonus shares: Vega Jewellers target price view

"Vega Jewellers stock price is bullish and extremely overbought with next resistance at 345 on the Daily charts. Investors should book profits at current levels as a Daily close below support of 299 could lead to a target of 247 in the near term," commented A R Ramachandran, part-time SEBI-registered Research Analyst, Tips2trades.

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