Axel Polymers Ltd — Important, 13-12-2025: Company Update

Axel Polymers' board approved the allotment of 2,484,444 equity shares on a preferential basis. The shares were issued at Rs. 45 each, raising a total of Rs. 11.18 Cr for the company. This allotment increases the company's issued and paid-up capital from Rs. 8.52 Cr to Rs. 11.00 Cr. Consequently, the promoter and promoter group's shareholding percentage has adjusted from 60.28% to 46.67% post-allotment, reflecting the dilution from the new share issuance.