Vega Jewellers Ltd received in-principle approval from BSE for a 4:1 bonus issue of equity shares.
The approval covers the issuance of 4,07,05,192 new equity shares of ₹10 each to existing shareholders.
The approval is subject to standard conditions including payment of fees and compliance with SEBI LODR regulations.
The company must complete the allotment in dematerialized form and fulfill all statutory requirements.