Vaxfab Enterprises Ltd Allots 12,62,229 Equity Shares at Rs. 21.02 Each on Preferential Basis

Key Highlights

• Vaxfab Enterprises Ltd has approved the allotment of 12,62,229 equity shares at a price of Rs. 21.02 each.
• The equity shares are being allotted to investor(s) on a preferential basis.
• The equity shares allotted upon conversion of warrants will rank pari-passu with the existing equity shares of the company.
• The paid-up equity share capital of the company has increased to Rs. 20,87,11,670.
• The warrants had a tenure of not exceeding 18 months from the date of allotment.