Board approves stake increase in J Hills LLP to 89.98% and registered office shift within Mumbai
Board of Vega Jewellers Ltd met on Monday, 19 October 2026 and approved two items.
By ScoutQuest · · 1 min read
- Stake increase in Vega Jewellers J Hills LLP
- from 60.98% to 89.98%
- Registered office shift effective date
- 28 December 2026
- Board meeting date
- Monday, 19 October 2026
Outcome of the Board meeting held on Monday, 19 October 2026
The Board of Vega Jewellers Ltd approved two items, and the Company informed BSE of the outcome. The meeting began at 12:00 P.M. and concluded at 12:15 P.M.
A larger share of the J Hills LLP business
- The Company will increase its shareholding in Vega Jewellers J Hills LLP from 60.98% to 89.98%.
- In plain terms, the Company already holds a majority of this LLP, and the approved increase takes its holding closer to full ownership.
- With a higher shareholding, a larger share of that LLP's profit or loss belongs to the Company and, in turn, to its shareholders.
- The two figures above are the stake levels named in the update for this decision.
Registered office moving within the same city
- From: One Lodha Place, 14th Floor, Unit 1403, Senapati Bapat Marg, Lower Parel, Delisle Road, Mumbai, Maharashtra, India, 400013.
- To: Unit A 622, Lodha Signet, Senapati Bapat Marg, Lower Parel, Mumbai, Maharashtra 400013.
- Effective date: 28 December 2026.
- The update states both addresses are within the local limits of Mumbai, so this is a change of address inside the same city and not a move to another state.
What a retail investor can take away
- The stake increase is a business and ownership decision: it changes how much of Vega Jewellers J Hills LLP sits with the listed company.
- The registered office shift is an administrative change of the address the Company keeps on record, effective from the stated date.
- Both decisions were approved by the Board at this meeting, as reported to the exchange.
Also from Vega Jewellers
Board approves further investment in J Hills LLP; stake rising from 60.98% to 89.98%
19 Oct 2026
Shareholders Approve New Memorandum of Association Aligning Object Clause to Jewellery Business
29 Sep 2026
More numbers
- Existing shareholding in Vega Jewellers J Hills LLP60.98%
- Proposed shareholding in Vega Jewellers J Hills LLP after increase89.98%
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.