Novelix Pharmaceuticals Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST
01-01-1970 | 12:00 am
01-01-1970 | 12:00 am
Novelix Pharmaceuticals' promoter group member, Neha Gattu, acquired 100,000 equity shares through the conversion of warrants previously issued via preferential allotment. This conversion increased her personal holding from 100,000 to 200,000 shares, bringing the overall promoter group's voting shares to 700,000. Consequently, the company's equity share capital increased from Rs. 23.90 Cr (23.895 million shares) to Rs. 28.47 Cr (28.47 million shares). This event also means all outstanding convertible warrants are now accounted for, as the diluted share capital equals the equity share capital, simplifying the company's capital structure.
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