Corporate Action21 Aug 2026, 07:10 pm
Vivo Bio Tech: 8.1 Lakh Warrants Expire Unexercised
AI Summary
Vivo Bio Tech Ltd announced the expiry of 8,10,000 convertible equity warrants, originally allotted to promoters on February 21, 2025. These warrants, part of a larger 12,00,000 allotment, expired due to non-exercise before the 18-month tenure ending August 21, 2026. The warrants were issued at ₹45 each, comprising a face value of ₹10 and a premium of ₹35. Promoters Kompella Lopa Mudra and Kompella Modini were allotted 6,00,000 warrants each, with 3,50,000 and 4,60,000 respectively expiring.
Key Highlights
- 8.1 lakh promoter warrants expired due to non-exercise.
- Warrants were issued at ₹45 each on preferential basis.
- Expiry impacts promoters Kompella Lopa Mudra and Modini.
- This is a regulatory disclosure under SEBI regulations.
Price Impact
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