Vaxfab Enterprises allotted 19,50,348 equity shares at Rs. 21.02 each upon warrant conversion on a preferential basis.
Paid-up share capital increased to Rs. 25.47 crore with 2.55 crore shares outstanding post-allotment.
The board meeting on May 11, 2026, approved the allotment under SEBI LODR Regulation 30.
Six investors participated in the conversion, with detailed breakdown provided in the annexure.