Velox Shipping Allots 30.54 Lakh Equity Shares on Warrant Conversion

Velox Shipping and Logistics Ltd announced the allotment of 30,54,531 equity shares following the conversion of warrants. Warrant holders paid 75% of the balance consideration, totaling Rs. 2,74,90,779/-, to exercise their rights. The company also approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026, along with the limited review reports from its statutory auditors. The board meeting concluded within 30 minutes.