Vaxtex Cotfab Limited — Board Meeting, 15-03-2025: Outcome of Board Meeting

The Board of Directors of Vaxtex Cotfab Limited has announced a board meeting outcome, approving a Rights Issue of equity shares totaling up to ₹35 Crores. This issue will be made available to eligible shareholders, with specifics on the Rights entitlement ratio and issue price to be determined later. Additionally, a Rights Issue Committee has been formed to handle matters related to this initiative, including addressing fractional entitlements and regulatory applications. Shareholders should stay tuned for further details in the upcoming Letter of Offer.