StockWatch
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Trading & Distributors
Board Meeting15 Jun 2026, 03:07 pm

Velox Shipping to Allot 17.78 Lakh Equity Shares

AI Summary

Velox Shipping and Logistics Ltd has announced a Board of Directors meeting scheduled for June 18, 2026. The primary agenda item is the approval for the preferential allotment of 17,78,180 equity shares to non-promoter category allottees. This allotment has already received approval from the company's shareholders and the stock exchange. The meeting will also address any other necessary business matters.

Key Highlights

  • Board meeting scheduled for June 18, 2026.
  • To consider allotment of 17,78,180 equity shares.
  • Allotment is on preferential basis to non-promoters.
  • Shareholder and stock exchange approval already obtained.