Novelix Pharma: Srinidhi Fine-Chemicals Acquires 9.5 Lakh Shares

Novelix Pharmaceuticals Ltd has announced that Srinidhi Fine-Chemicals LLP and Narahari Belide have been allotted 9.5 lakh equity shares and 1.5 lakh equity shares respectively, totaling 11 lakh shares, pursuant to the conversion of warrants issued via preferential allotment. This transaction, which occurred on May 29, 2026, results in Srinidhi Fine-Chemicals LLP holding 79.02 lakh shares and Narahari Belide holding 8.00 lakh shares post-acquisition. The total diluted share capital of the company after this acquisition stands at approximately 23.895 million equity shares.