As per Attachment
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Vaxfab Enterprises Ltd, at its meeting on 2 February 2026, approved the allotment of 2,22,011 equity shares of face value Rs. 10 each at a price of Rs. 21.02 per share. These shares were issued upon the exercise and conversion of previously allotted warrants, which had been issued on a preferential basis. The total amount received on conversion was at Rs. 15.765 per warrant (balance to the Rs. 21.02 strike price had been paid earlier at Rs. 5.255 per warrant at the time of warrant allotment). Three allottees received the shares: Ketan R Acharya HUF (63,432 shares), Rajendra Dalpatram Acharya HUF (63,432 shares), and Kushmanda Tradeline LLP (95,147 shares). Following this allotment, the company's paid-up equity share capital has risen to Rs. 14.18 crore, consisting of 1,41,88,767 equity shares. The newly issued shares will rank equally with existing shares.
This is a routine conversion of warrants into equity, not fresh fundraising — the capital was already raised when warrants were originally issued. Shareholders will see a marginal dilution (~0.16% increase in share count) as the company expands its equity base, but no new money flows in at this stage.