512026

Vega Jewellers Limited submitted its Annual Secretarial Compliance Report for FY 2025-26. The report identified a non-compliance regarding the company's failure to approach the exchange for listing equity shares within 20 days as per Schedule XIX of SEBI (ICDR) Regulations 2018. Due to this, BSE Limited imposed a penalty of ₹13,60,000 + GST, which the company paid under protest after applying for a waiver. All other major compliance aspects were reported as satisfactory, and no resignations of statutory auditors were observed.

Vega Jewellers Limited's Board of Directors approved the acquisition of 3,300 square yards of land in Vijayawada from Mr. Pavan Chand Valluri for a total consideration of INR 28,00,00,000 (Twenty-Eight Crores). The acquisition is a cash transaction and is intended to support the company's future expansion plans. The completion timeline is subject to obtaining necessary governmental approvals for land transfer.

Vega Jewellers Ltd. reported consolidated Revenue from Operations of ₹30,703.26 lakhs, EBITDA of ₹2,955.88 lakhs (9.63% margin), and PAT of ₹1,651.94 lakhs for the quarter ended March 31, 2026. Consolidated year-on-year comparative figures are not presented as this is the first year of consolidated financial statements. The statutory auditors issued an unmodified opinion. The company also increased its partnership stake in Vega Jewellers DSNR LLP to 64.99%.

Vega Jewellers Ltd reported Consolidated Revenue from operations of ₹307.03 Cr, EBITDA of ₹29.56 Cr, and PAT of ₹16.52 Cr for the quarter ended March 31, 2026. The EBITDA margin was 9.63%. Year-on-year comparative consolidated figures are not presented as FY2026 is the first year of consolidated reporting for the company. The auditors issued an unmodified opinion on the financial results. The board also approved an increase in remuneration for the Managing Director and Executive Director.

Vega Jewellers Limited (formerly PH Trading Limited) has submitted its annual disclosure confirming that it does not fall under the 'Large Corporate' category as per SEBI circulars dated November 26, 2018, April 11, 2019, and October 19, 2023. This means the company is not subject to the compliance requirements for fund raising by issuance of debt securities by Large Corporates for FY 2025-26.