Novelix Pharma: Gattu Gnana Prakash Acquires 50,000 Shares

Novelix Pharmaceuticals Ltd has received disclosures under SEBI's takeover regulations regarding the allotment of equity shares. Gattu Gnana Prakash and Arati Gattu were allotted 50,000 and 100,000 equity shares, respectively, on May 29, 2026, following the conversion of warrants issued via preferential allotment. This transaction increases Gattu Gnana Prakash's direct shareholding and voting rights in the company. The total equity share capital of the company has increased post-acquisition.