
Business Update17 Aug 2026, 04:40 pm
Vaxfab Enterprises Allots 8.26 Lakh Equity Shares on Warrant Conversion
AI Summary
Vaxfab Enterprises Ltd announced the allotment of 8,26,761 equity shares following the conversion of warrants. The shares were issued at a price of ₹21.02 each, fully paid up, on a preferential basis to nine investors. This allotment increases the company's paid-up equity share capital to ₹25,82,64,060, comprising 2,58,26,406 equity shares. The newly allotted shares will rank pari-passu with existing equity shares.
Key Highlights
- Board approved allotment of 8,26,761 equity shares.
- Shares issued upon conversion of warrants at ₹21.02 each.
- Total paid-up equity capital increased to ₹25.82 crore.
- Allotment made on a preferential basis to nine investors.
- New shares rank pari-passu with existing equity shares.
Price Impact
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