Vega Jewellers to Strike Off Non-Operational Subsidiary

Vega Jewellers Limited announced its Board of Directors has approved the proposal to file an application for striking off its subsidiary, Vega Jewellers DSNR LLP, from the Register of Limited Liability Partnerships. The subsidiary has not commenced any business operations since its incorporation and is not considered a material subsidiary. The strike-off is not expected to have any material impact on the company's operations or financial position. The process involves filing an application with the Registrar of Companies and is subject to their approval and completion of statutory procedures. This action is a corporate housekeeping measure for a dormant entity.