Vaxfab Enterprises Ltd — Important, 17-03-2026: Company Update

VAXFAB ENTERPRISES has approved the allotment of 27,33,903 new equity shares, each with a face value of Rs. 10, at a price of Rs. 21.02 per share. These shares were issued upon the conversion of warrants on a preferential basis to four investors. As a result of this allotment, the company's paid-up equity share capital has increased to Rs. 19.61 Crore, now consisting of 1,96,08,938 equity shares. This expansion of the equity base signifies a capital infusion and a proportionate dilution for existing shareholders.