Revised Voting Results and Scrutinizers Report with Promoters Declaration

Vega Jewellers Limited held its 43rd AGM on September 19, 2025 via video conferencing. Out of 14 resolutions tabled, 11 were passed including adoption of FY25 financial statements, re-appointment of two retiring directors (Mr. Rama Mohan Rao Bandlamudi and Mr. Chandrakanth Chereddi), appointment of M/s. Sagar & Associates as statutory auditors, appointment of M/s. Ajay Yadav & Associates as secretarial auditors for 5 years, and expanded borrowing powers. However, all four material related party transaction resolutions (Items 10–13) involving Vega Jewellers J Hills LLP, KKD LLP, ELR LLP, and M/s Vega Jewellers were rejected, with approximately 87% votes cast against them. Notably, promoters (who were 'interested' in these RPTs and therefore should not have voted) mistakenly voted against these resolutions on the CDSL portal; the scrutinizer counted those votes as recorded, which caused the resolutions to fail.