Pharmacy Retail
Acquisitions2 April 2026 at 05:11 am

Promoters SRINIDHI FINE-CHEMICALS LLP and NARAHARI BELIDE acquire 11.5 lakh shares in Novelix Pharmaceuticals Ltd through Preferential Allotment

AI Summary

SRINIDHI FINE-CHEMICALS LLP and NARAHARI BELIDE have acquired 11.5 lakh shares in Novelix Pharmaceuticals Ltd through Preferential Allotment on 30th March 2026. SRINIDHI FINE-CHEMICALS LLP, a promoter, has been allotted 11 lakh shares while NARAHARI BELIDE, a promoter group member, has been allotted 50,000 shares. This acquisition is in pursuant to the conversion of warrants.

Key Highlights

  • SRINIDHI FINE-CHEMICALS LLP and NARAHARI BELIDE have acquired 11.5 lakh shares in Novelix Pharmaceuticals Ltd.
  • The acquisition was made through Preferential Allotment on 30th March 2026.
  • SRINIDHI FINE-CHEMICALS LLP, a promoter, has been allotted 11 lakh shares.
  • NARAHARI BELIDE, a promoter group member, has been allotted 50,000 shares.
  • The acquisition is in pursuant to the conversion of warrants.