Multibagger stock Vega Jewellers Ltd. has made a big announcement for its investors.
For the first time, the company is issuing bonus shares, offering a generous 4:1 bonus.
This means investors will get 4 extra shares for every 1 share held, making it an attractive opportunity ahead of the record date.
Bonus Share Details: Record Date Announced
The company has fixed April 24, 2026 as the record date for the bonus issue.
To be eligible, investors must hold the shares before this date.
The stock will start trading ex-bonus just before the record date, which means new buyers after that point will not receive the bonus shares.
In simple terms, if you own 1 share, you will receive 4 additional shares—free of cost.
Strong Track Record of Dividends
Apart from bonus shares, Vega Jewellers has also rewarded investors through dividends in the past.
The company paid dividends in 2003 and 2004 at ₹0.75 per share, followed by ₹1 per share in 2005.
The last dividend was announced in 2014, again at ₹1 per share.
While dividends have not been frequent in recent years, the company’s long-term returns have kept investors interested.
Share Performance: A True Multibagger
The stock has delivered exceptional returns over time.
The share price recently closed at around ₹312. Over the past year alone, the stock has surged by nearly 587%, significantly increasing investor wealth.
Even more impressive, the stock has delivered a massive 18,267% return in the last five years, making it a true multibagger.
Such returns highlight the company’s strong growth journey and investor confidence.
Promoters Increasing Their Stake
Another positive sign for investors is the rising promoter holding.
As of December, promoters held about 69.73% stake in the company.
This has now increased to over 71%, showing growing confidence from the company’s leadership.
At the same time, public shareholding has slightly reduced, indicating a shift in ownership.
What Should Investors Know?
The bonus issue may increase the number of shares you hold, but it does not immediately increase your total investment value, as the stock price adjusts accordingly.
However, such announcements often boost investor sentiment and improve stock liquidity.
With strong past returns, increasing promoter confidence, and a bonus issue ahead, Vega Jewellers is currently a stock drawing significant market attention.
