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Vega Jewellers MD, chairman, board of directors and AGM

BSE: 512026Commercial Services & Supplies

Last traded ₹61.95 on 6 Oct 2026

Vega Jewellers board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Managing directorNaveen Kumar Vanama
  • ChairpersonRama Mohana Rao Bandlamudi
  • Company SecretaryB. Kiran Kumar

6 directors2 independent2 executive2 non-executive

  • Naveen Kumar Vanama · Managing directorExecutive · joined Mar 2024 · 1 listed board · 1 committee seat
  • Sudhakar VanamaExecutive · joined Mar 2024 · 1 listed board · 1 committee seat
  • Rama Mohana Rao Bandlamudi · ChairpersonNon-executive · joined Mar 2024 · 2 listed boards
  • Chandrakanth ChereddiNon-executive · joined Mar 2024 · 1 listed board
  • Murali Krishna LankaIndependent · joined Mar 2024 · 27 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • Srisailapu Surya VarnikaIndependent · joined Mar 2024 · 27 months as independent · 1 listed board · 1 as independent · 1 committee seat

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 29 Jun 20266 of 6 present2 independent · 37 days in between
    • 22 May 20266 of 6 present2 independent · 8 days in between
    • 13 May 20266 of 6 present2 independent · 63 days in between
    • 10 Mar 20265 of 6 present2 independent · 39 days in between
    3 earlier meetings
    • 29 Jan 20266 of 6 present2 independent · 9 days in between
    • 19 Jan 20264 of 6 present2 independent · 15 days in between
    • 3 Jan 20266 of 6 present2 independent

  • Audit Committee

    Chair Murali Krishna Lanka

    Srisailapu Surya Varnika, Naveen Kumar Vanama

    • 13 May 20263 of 3 present2 independent · 63 days in between
    • 29 Jan 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair Murali Krishna Lanka

    Srisailapu Surya Varnika, Chandrakanth Chereddi

    • 13 May 20263 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair Rama Mohana Rao Bandlamudi

    Murali Krishna Lanka, Sudhakar Vanama

    • 10 Mar 20263 of 3 present2 independent · 39 days in between

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Jun 2026.

  • Sagar & AssociatesPeer-review certificate valid to Nov 2028
1 earlier auditor
  • Sagar and AssociatesNamed in filings from Mar 2025 to Jun 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Vega Jewellers AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Vega Jewellers dividend history

Annual general meeting, 29 Sep 2026

175 shareholders on the register on 22 Sep 2026; present: 1 promoter and 9 others; votes counted by Y RAVI PRASADA REDDY / RPR & ASSOCIATES.The company's voting result (opens in a new tab)

  1. To receive, consider, approve and adopt the Audited Balance Sheet as at March 31st, 2026, the Statement of Profit & Loss and Cash Flow Statement for the year ended on that date together with the Notes attached thereto, along with the Reports of Auditors and Directors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 84.07% · promoters 100.00% · other public 44.80%

  2. To appoint a director in place of Mr. Rama Mohan Rao Bandlamudi (DIN: 00285798) who retires by rotation and being eligible, offered himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 84.07% · promoters 100.00% · other public 44.80%

  3. To appoint a director in place of Mr. Chandrakanth Chereddi (DIN: 06838798) who retires by rotation and being eligible, offered himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 84.07% · promoters 100.00% · other public 44.80%

  4. To approve Material Related Party Transactions with Vega Jewellers KKD LLP, Material Subsidiary
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 12.93% · promoters 0.00% · other public 44.80%

  5. To approve Material Related Party Transactions with Vega Jewellers ELR LLP, Material Subsidiary.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 12.93% · promoters 0.00% · other public 44.80%

  6. To approve Material Related Party Transactions with Vega Jewellers J HILLS LLP, Material Subsidiary.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 12.93% · promoters 0.00% · other public 44.80%

  7. To approve Material Related Party Transactions with Vega Jewellers.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 12.93% · promoters 0.00% · other public 44.80%

  8. To approval of alteration of Objects Clause of the Memorandum of Association of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 84.07% · promoters 100.00% · other public 44.80%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Jun 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.

RaisedAmount raisedForSet asideSpentSpent elsewhere
Preferential IssuesJan 20269.87––No
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.