Novelix Pharmaceuticals Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

Novelix Pharmaceuticals' promoter group member, Neha Gattu, was allotted 100,000 equity shares following the conversion of warrants from a preferential allotment. This transaction significantly increased the company's equity share capital. Before these conversions, the equity capital was Rs 23.90 crore, representing 23.90 million shares. Post-conversion, the total equity capital expanded to Rs 28.47 crore, comprising 28.47 million shares. This converts a part of the promoter's potential holding into direct equity, altering the company's capital structure and fully diluting its outstanding warrants.