Velox Shipping and Logistics Ltd — Important, 17-08-2026: Company Update

The company's board has allotted 76,58,508 new equity shares, following the conversion of an equal number of warrants by non-promoter warrant holders. These warrant holders paid the remaining consideration of 6.89 Crore, completing the conversion process. Each share was issued at Rs.12 (Rs.10 face value plus Rs.2 premium), expanding the company's equity base and capital. This action finalizes a preferential allotment, significantly impacting the overall shareholding structure.