Announced Mon, 13 Jul · 13:05 IST

Promoter Neha Gattu allotted 100,000 shares via warrant conversion

Promoter Stake BuyPromoter Below 50pctOwnership Changes View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
+6.2%1-day move
₹66.49
prior close
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+6.2+6.8+0.0+0.8-0.1+5.3
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AI summary

Neha Gattu, part of the promoter group of Novelix Pharmaceuticals, was allotted 100,000 equity shares on 9 July 2026 by converting warrants issued on a preferential basis. Total promoter group holding stands at 6,00,000 shares, about 2.11 percent of expanded capital, versus 1.67 percent earlier. No shares were sold. Company equity capital rose to Rs 2.84 crore (28,470,000 shares of Rs 10 each).

Likely market impact

Minor promoter stake increase via warrant conversion; promoter group holding remains very low at about 2.11 percent of capital.