Corporate Action11 May 2026, 09:33 am
Vaxfab Enterprises Allots 19.5 Lakh Equity Shares
AI Summary
Vaxfab Enterprises Ltd has allotted 19,50,348 equity shares at ₹21.02 each upon conversion of warrants on a preferential basis. This increases the company's paid-up equity share capital to ₹25,46,89,250, comprising 2,54,68,925 equity shares of ₹10 each. The allotment was approved at the Board Meeting held on May 11, 2026.
Key Highlights
- Vaxfab allots 19,50,348 equity shares upon warrant conversion.
- Issue price is ₹21.02 per share, face value ₹10.
- Paid-up equity share capital increases to ₹25,46,89,250.
- 6 investors were allotted shares upon warrant conversion.
- Board meeting approved the allotment on May 11, 2026.
Price Impact
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