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Trading & Distributors
Corporate Action24 Apr 2026, 10:59 am

Vaxfab Allots 1.31M Equity Shares at ₹21.02 via Warrant Conversion

AI Summary

Vaxfab Enterprises Ltd. announced the allotment of 1,318,550 fully paid-up equity shares, each with a face value of ₹10, at a price of ₹21.02. These shares were issued upon the conversion of warrants on a preferential basis to 11 investors. This corporate action has increased the company's paid-up equity share capital to ₹23,51,85,770, comprising 23,518,577 equity shares. The newly allotted shares will rank pari-passu with existing equity shares.

Key Highlights

  • 1,318,550 equity shares allotted upon warrant conversion.
  • Shares issued at ₹21.02 per share on a preferential basis.
  • Paid-up capital increased to ₹23.51 crore post-allotment.
  • Allotment made to 11 investors.
  • New shares rank pari-passu with existing equity shares.