Clarification11 May 2026, 05:11 pm
Vaxfab Clarifies Allotment of 14.81 Lakh Equity Shares
AI Summary
Vaxfab Enterprises Ltd has issued a clarification regarding the allotment of 14,81,068 Equity Shares at a price of ₹21.02 per share, pursuant to the conversion of warrants on a preferential basis. The company identified a typographical error in the initially reported total number of equity shares allotted. Post correction, the paid-up equity share capital of the company stands at ₹24,99,96,450, comprising 2,49,99,645 Equity Shares of face value ₹10 each. All other terms and conditions of the allotment remain unchanged.
Key Highlights
- Vaxfab clarifies allotment of 14,81,068 equity shares due to a clerical error.
- Equity shares issued at ₹21.02 per share upon warrant conversion.
- Paid-up equity share capital now stands at ₹24,99,96,450.
- All terms of the allotment remain unchanged except for the corrected share number.
- 6 investors were allotted shares upon conversion of warrants.
Price Impact
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