Novelix Pharmaceuticals Ltd

šŸ“ˆ Novelix Pharmaceuticals Issues 1.15M Shares via Warrant Conversion

• Allotted 1,150,000 equity shares at ₹20 each (₹10 face value + ₹10 premium)

• Shares issued upon conversion of warrants from January 10, 2025 preferential allotment

• Total subscription amount received: ₹1.725 crore (75% of issue price)

• Major allottee: Srinidhi Fine-Chemicals LLP (1,100,000 shares)

• Individual allottee: Narahari Belide (50,000 shares)

• Paid-up equity capital increased from ₹1.9935 crore to ₹2.1085 crore