Pursuant to Regulation 30 of the SEBI(LODR) Regulations, 2015, attached herewith the in-principle approval letter for Right Issue
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Veerkrupa Jewellers Ltd has received in-principle approval from BSE (letter dated January 16, 2026) to undertake a Rights Issue of fully paid-up equity shares. The company submitted its application on May 12, 2025. The approval allows the company to use BSE's name in its Letter of Offer, subject to compliance with all legal and statutory requirements. Specific terms such as issue size, price, ratio, or record date have not been disclosed in this filing; the company must reveal the rights issue price at least 3 working days before the record date.
This is a procedural milestone clearing the way for the company to launch its Rights Issue, which could lead to equity dilution for existing shareholders. Investors should watch for the upcoming Letter of Offer detailing the issue price, entitlement ratio, and record date before making decisions.