Novelix Pharmaceuticals Capital Structure Change
Novelix Pharmaceuticals allotted 25,00,000 equity shares to promoter group entities following warrant conversion. This increased the promoter group stake from 36.42% to 39.35%.
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Novelix Pharmaceuticals allotted 25,00,000 equity shares to promoter group entities following warrant conversion. This increased the promoter group stake from 36.42% to 39.35%.
Novelix Pharma approved a total equity raise of ₹74.34 Crore through a promoter warrant conversion and a non‑promoter preferential issue. The issue adds 4.5 million shares to its paid‑up capital.
Novelix Pharmaceuticals allotted 45,75,000 equity shares, raising approximately Rs. 11.90 Crore. This includes warrant conversions for promoters and a preferential issue to 16 non-promoter investors.