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Novelix Pharmaceuticals LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Members of Novelix Pharmaceuticals Limited's promoter group, Gattu Gnana Prakash and Arati Gattu, have converted warrants into equity shares. Gattu Gnana Prakash received 50,000 new shares, and Arati Gattu received 100,000 new shares via preferential allotment, increasing their direct holdings by a total of 150,000 equity shares. This conversion raises the company's equity share capital to 23.895 Cr, representing 23,895,000 shares. The total diluted share capital, including all outstanding convertible warrants, now stands at 27.27 Cr. This move increases the promoter group's direct stake.

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