StockWatch
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Pharmacy Retail
Shareholding13 Jul 2026, 01:06 pm

Novelix Pharma: Neha Gattu Acquires 100,000 Shares via Warrant Conversion

AI Summary

Novelix Pharmaceuticals Ltd has disclosed a significant shareholding change involving Neha Gattu, who was allotted 100,000 equity shares on July 9, 2026. This allotment occurred pursuant to the conversion of warrants previously issued through a preferential allotment. The acquisition increases the total diluted share capital of the company. The filing, made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, details the holdings of Gattu Gnana Prakash, Arati Gattu, and Neha Gattu before and after the acquisition. The total equity share capital of Novelix Pharmaceuticals Ltd post-acquisition stands at ₹28,47,00,000, comprising 28,470,000 equity shares of ₹10 each.

Key Highlights

  • Neha Gattu allotted 100,000 equity shares via warrant conversion.
  • Acquisition follows a preferential allotment of warrants.
  • Disclosure made under SEBI Takeover Regulations.
  • Total diluted share capital increased post-acquisition.
  • Key individuals involved are Gattu Gnana Prakash, Arati Gattu, and Neha Gattu.