Investment25 Feb 2026, 02:00 pm
Vaxfab Enterprises Ltd Approves Allotment of 26,86,268 Equity Shares at Rs. 21.02 Each on Preferential Basis
AI Summary
Vaxfab Enterprises Ltd has approved the allotment of 26,86,268 equity shares at a price of Rs. 21.02 each to investor(s) on a preferential basis. The equity shares will be allotted upon conversion of warrants into fully paid-up equity shares. The equity shares allotted on exercise of conversion of warrants will rank pari-passu in all respects with the existing equity shares of the Company. The paid-up equity share capital of the Company increased to Rs. 16,87,50,350 comprising 1,68,75,035 equity shares of face value of Rs. 10 each.
Key Highlights
- Vaxfab Enterprises Ltd has approved the allotment of 26,86,268 equity shares at a price of Rs. 21.02 each to investor(s) on a preferential basis.
- The equity shares will be allotted upon conversion of warrants into fully paid-up equity shares.
- The equity shares allotted on exercise of conversion of warrants will rank pari-passu in all respects with the existing equity shares of the Company.
- The paid-up equity share capital of the Company increased to Rs. 16,87,50,350 comprising 1,68,75,035 equity shares of face value of Rs. 10 each.