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Awaiting price reaction for this filing.
Vaxfab Enterprises has informed the stock exchanges about a Board Meeting scheduled for Friday, 29th August 2025. The Board will consider increasing the company's Authorised Share Capital and raising funds through methods that include a preferential issue to selected investors. The proposal is subject to regulatory approvals and shareholder consent. No details on the issue size, price, or identity of proposed allottees have been disclosed yet. The trading window for insiders has been closed from 25th August to 1st September 2025 in line with insider trading rules.
This is a preliminary intimation and does not itself raise capital. Shareholders should watch for the follow-up announcement after 29th August, which will reveal the actual issue size, pricing, and who the funds are being raised from. A preferential issue could lead to dilution of existing shareholders depending on the size of the allotment.