Board approves further investment in J Hills LLP; stake rising from 60.98% to 89.98%
Board approved on 19.10.2026 a further investment in Vega Jewellers J Hills LLP, raising the company's holding from 60.98% to 89.98%.
By ScoutQuest · · 1 min read
- Holding in Vega Jewellers J Hills LLP
- from 60.98% to 89.98%
- Revised investment amount
- ~Rs. 9 crore
- Designated partner change
- Mr. Manideep Yechuri retired from the LLP
What the company told the exchange: The Board of Vega Jewellers Ltd (formerly PH Trading Ltd) met on Monday, October 19, 2026 at 12:00 P.M. (IST) and approved a further investment in Vega Jewellers J Hills Limited Liability Partnership, along with an increase in the company's shareholding in that LLP. The Restated LLP Agreement was signed.
The stake change
- Holding in Vega Jewellers J Hills LLP moves from 60.98% to 89.98%.
- Revised investment amount: ~Rs. 9 crore.
Change in the LLP's partners: Mr. Manideep Yechuri, a designated partner in Vega Jewellers J Hills LLP, has retired from the LLP. The update records the retirement alongside the higher holding and the signed Restated LLP Agreement.
How to read this: an LLP is a partnership-style entity. Going from about 61% to about 90% means the company is putting in more capital and taking a much larger share of that entity's ownership. For a shareholder, this generally means a bigger share of that LLP's future profits or losses, and more of the company's money committed to it. The exact commercial terms of the investment are as stated above.
Key points to note
- The decision was taken by the Board, and the disclosure was made to BSE under the company's listing obligations.
- The company's scrip code on BSE is 512026.
- The revised investment figure and the revised ownership percentage are both given in the update itself.
Also from Vega Jewellers
Board approves stake increase in J Hills LLP to 89.98% and registered office shift within Mumbai
19 Oct 2026
Shareholders Approve New Memorandum of Association Aligning Object Clause to Jewellery Business
29 Sep 2026
More numbers
- Revised investment amount in Vega Jewellers J Hills LLPRs. 8,99,80,000
- Revised ownership percentage of Vega Jewellers Ltd in the LLP89.98%
- Earlier shareholding in the LLP60.98%
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