Announced Mon, 17 Aug · 16:33 IST
Allotment of 8.27 lakh equity shares upon warrant conversion
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.6%1-day move
₹61.00
prior close
₹61.60
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+2.3-0.2+1.6+4.7+13.9+15.6+9.8+13.9+9.7+4.9——
Up moveDown movePending
AI summary
Vaxfab Enterprises allotted 8,26,761 equity shares at Rs. 21.02 each (face value Rs. 10) upon conversion of warrants held by 9 investors on a preferential basis. The conversion price was Rs. 15.765 per warrant as the second tranche. Paid-up share capital rose to Rs. 25.82 crore, comprising 2.58 crore shares. New shares rank pari-passu with existing equity.
Likely market impact
Dilution from warrant conversion. No fresh capital beyond what warrant holders had already committed. Modest increase in share count.