Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Vaxfab Enterprises has filed the notice for its 42nd Annual General Meeting scheduled for Tuesday, 30th September 2025 at 12:00 PM at its registered office in Ahmedabad. Ordinary business items include adoption of the audited financial statements for FY ended March 31, 2025, and the reappointment of Mr. Nishant Subhashchandra Gandhi as a director (retiring by rotation). Key special business proposals seek shareholder approval to (a) ratify the appointment of M/s. A. Shubhangi & Associates as Secretarial Auditors for five years (FY 2025-26 to FY 2029-30), (b) increase the authorised share capital from Rs. 9.30 crore to Rs. 35 crore, and (c) issue up to 2,54,94,763 fully convertible warrants at Rs. 21.02 each on a preferential basis to non-promoter allottees, aggregating to roughly Rs. 53.59 crore. E-voting through NSDL will be open from 27th to 29th September 2025, with the cut-off date set as 23rd September 2025.
If approved, the proposed warrant issue could raise around Rs. 53.6 crore for the company but is materially dilutive for existing shareholders upon conversion. The authorised capital hike from Rs. 9.3 crore to Rs. 35 crore also signals room for further fundraising or stock splits. The agenda is broadly shareholder-friendly in disclosure but the size of the preferential issue is the key event for the stock.