Corporate Action24 Aug 2026, 07:31 pm
Vivo Bio Tech: 6.27 Lakh Warrants Expire Unexercised
AI Summary
Vivo Bio Tech Ltd has announced the expiry of 6,27,409 Convertible Equity Warrants, representing a significant portion of the 25,00,000 warrants initially issued. These warrants, allotted on February 24, 2025, to Dwight Technologies Private Limited at a price of ₹45 each (₹10 face value, ₹35 premium), expired due to non-exercise before the eighteen-month tenure concluded on August 24, 2026. This event is in accordance with SEBI regulations.
Key Highlights
- 6,27,409 warrants expired due to non-exercise.
- Warrants were allotted on Feb 24, 2025, at ₹45 each.
- Expiry occurred before the 18-month tenure completion.
- Dwight Technologies Private Limited was the allottee.
Price Impact
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