Vaxfab Enterprises Allots 1.26M Equity Shares

Vaxfab Enterprises board approved the allotment of 1,262,229 equity shares at ₹21.02 per share upon conversion of warrants.
The allotment was made to three investors: Vintage Diamond LLP, Sparkling Tradewing LLP, and Markand Tradeventure LLP.
The company's paid-up equity share capital increased to ₹20.87 crore, comprising 20,871,167 shares post-allotment.
The warrants, issued via preferential allotment, had an 18-month tenure and were converted in part by the investors.