Corporate Action24 Apr 2026, 11:05 am
Vaxfab Enterprises Allots 13.18 Lakh Equity Shares
AI Summary
Vaxfab Enterprises Ltd has allotted 13,18,550 equity shares at ₹21.02 each upon conversion of warrants on a preferential basis. Following the allotment, the paid-up equity share capital increased to ₹23,51,85,770, comprising 2,35,18,577 equity shares. The allotment was approved at a board meeting held on April 24, 2026, which commenced at 10:10 A.M. and concluded at 10:40 A.M.
Key Highlights
- Vaxfab Enterprises allotted 13,18,550 equity shares upon warrant conversion.
- The issue price was ₹21.02 per share.
- Paid-up equity share capital increased to ₹23,51,85,770 after the allotment.
- The board approved the allotment on April 24, 2026.
- 11 investors were allotted shares upon conversion of warrants.
Price Impact
More from VEL